PLEASE BOLD AND SHOW WORK!

Consider the following data related to the financial performance of Royal Company: Between 2012 and 2015, income increased by 63 percent, showing a significant increase in income each year. In light of this performance, the board of directors has awarded large bonuses to senior executives. However, the stock price has fallen from $73 per share in 2012 to $56 per share at the end of 2015. Calculate ROI for each year. To simplify the calculation, assume that there is no interest expense and there are no noninterest-bearing current liabilities (thus, net income equals NOPAT and total assets are a reasonable measure of investment). (Round answers to 2 decimal places, e.g. 15.25%.) Calculate economic value added for 2012 to 2015, using a cost of capital (required return) of 9.50 percent. (Round answers to nearest thousands, e.g. 125. Enter negative answers proceeding either - sign, e.g. -45 or in parentheses, e.g. (45).) Does performance measured in terms of EVA help explain the decline in stock price? EVA help explain the decline in stock price