the problem is because "msvcp110.dll" located in C:\Windows\SysWOW64.
This dll is used by several applications to run, but normally each application have their own version of that dll with exact same name.
So best option for you is to replace that dll with a new one.
You can download it here:
http://www.dll-files.com/
or use this direct link:(this is for 64 bit, tell me if you use 32 bit so I can fetch you another link!!)
http://download.dll-files.com/26f0d5b1e6d1511dbb119725b05b4cb3/msvcp110.zip?0XHdXGaGkW
Extract the dll to your desktop for easy remember where it is..
1: Now go into C:/Windows/SysWOW64/ and locate "msvcp110.dll" and delete it.
2: Copy the new dll file on your desktop
3: paste it into C:/Windows/SysWOW64/ folder
4: restart your computer
5: Run the application again.
If this doesn't work, try another solution (while still having the dll file backup on desktop)
Delete the "msvcp110.dll" from C:/Windows/SysWOW64/ and restart computer, and run application afterwards (in hope it generate a new dll file automatically)
If it didn't generate a new dll... copy the one from desktop back to C:/Windows/SysWOW64/ so you still have it in there.
If problems occur, write about it here