Title: “Analyzing Walt Disney Company’s Return on Common Equity and Factors Contributing to Change” a. Calculation and Disaggregation of Disney’s Return on Common Equity: Year 9: Return on Common Equity = Net Income / Average

use the attached case study files and charts labeled business segment data, and Walt Disney company to complete the answer below
Required:
a. Calculate and disaggregate Disney’s return on common equity for each of the two fiscal years ending September 30, Year 9, and September 30, Year 13 (use year-end figures for any ratio computations typically using averages).
b. Drawingonlyonyouranswerstoaandthedataavailable,identifythetwocomponentsthatcontributedmostto the observed change in Disney’s return on common equity between Year 9 and Year 13. State two reasons for the observed change in each of the two components.