The diagram would have the following:
An arrow pointing upwards labeled v(y)
An arrow pointing to the right labeled v(x)
An arrow pointing in between those lines with a degree between this one and the right one labeled 60 degress.
The horizontal component v(x) would be:
v(x) = vcos(theta)=5.0cos(60)=2.5m/s
The vertical component v(y) would be:
v(y) = vsin(theta)=5.0sin(60)=4.3301m/s=4.3m/s
The horizontal component would be 2.5m/s and the vertical component would be 4.3m/s.