The Mitchell corporation has Divisions throughout Canada that are each operated as decentralized investment centers. Results of operations for two of the Divisions for 2007 and other selected operating data are shown below: The company's minimum desired rate of return is 11%. For 2007, the Mitchell Company as a whole (including all Divisions) earned a rate of return of 12%.| ( Note: we will come back to this question doing transfer pricing) Using the Return on Investment and Residual Income measures, determine and briefly explain which Division had the better performance in 2007. Assume that top management is evaluating managers of the two Divisions for possible promotion. Identify and discuss two factors that should be considered when using Return on Investment and Residual Income measures to determine who should be promoted. The Mitchell corporation has Divisions throughout Canada that are each operated as decentralized investment centers. Results of operations for two of the Divisions for 2007 and other selected operating data are shown below: The company's minimum desired rate of return is 11%. For 2007, the Mitchell Company as a whole (including all Divisions) earned a rate of return of 12%.| ( Note: we will come back to this question doing transfer pricing) Using the Return on Investment and Residual Income measures, determine and briefly explain which Division had the better performance in 2007. Assume that top management is evaluating managers of the two Divisions for possible promotion. Identify and discuss two factors that should be considered when using Return on Investment and Residual Income measures to determine who should be promoted