using this information calculate the increse in the current cost of majikstan enterp 543819

Majikstan Enterprises has equipment on its books that it acquired at the start of 2009 . The equipment is being depreciated in straight-line fashion over a 10-year period and has no salvage value. The current cost of this equipment at the end of 2010 was MJR8,000,000,000. During 2011 , the specific price index for equipment increased from 100 to 137.5. General price-level index information for the period was as follows:

12/31/2010

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30,000

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32,900

12/31/2011

36,000

Required: Using this information, calculate the increse in the current cost of Majikstan Enterprise’s equipment, net of inflation. 6. Now assume that Majikstan Enterprises is foreign subsidiary of a U.S.-based multinational corporation and that its financial statements are consolidated with those of its U.S. parent. Relevant exchange rate and

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