I read the man pages and the '-v' option(short for --verbose) is there and I'm sure this should work:
time -v ls
However, the output is:
-v: Command not found. 0.000u 0.000s 0:00.00 0.0% 0+0k 0+0io 0pf+0w
I typed the command according to the man pages in the order of 'time argument(s) command'. I can't see where I made a mistake here.