Images missing in Word for Mac when created in Word for Windows

Most of our employees use Windows and Office 2007, but a handful of us use MacBook Pros (with Lion).  Those of us with MBPs just upgraded to Office 2011 for Mac.  When we open word documents created on PCs, 99% of the time there is a gray or black box where an image is supposed to be.

The irony of it is that the documents display perfectly in the most recent version of Pages (iWork).  Even 'Quick Look' in OSX displays the document perfectly.  It's only missing when you open it in Word for Mac.

Any thoughts?  I did select the "Show background colors and images in Print View" under the preferences and still no go.

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beigsAuthor Commented:
That was easy...didn't even notice the "Compatibility Mode" at the top of the document.  Thanks...
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