Suppose a business has an asset with $1,000 original cost, $100 salvage value, and 5 years of useful life. First, the straight-line depreciation rate would be 1/5, i.e. 20% per year. Under the double-declining-balance method, double that rate, i.e. 40% depreciation rate would be used.hile depreciation expense is recorded on the income statement of a business, its impact is generally recorded in a separate account and disclosed on the balance sheet as accumulated depreciation, under fixed assets, according to most accounting principles.
Individuals who have an associate degree in hospitality working up to four years earn a median wage of $36,000. Graduates of bachelorâs degree in hospitality with under a year working earn a median pay of $29,000 and those with up to fours years employment earn around $38,000.
Restaurant Host/Hostess Salary. For Restaurant Hosts and Hostesses, hourly average wages total $8.73 per hour. The pay spectrum stretches from $7.29 per hour to $11.80. The most important factor affecting compensation for this group is residence, followed by the specific employer and experience level. Roughly one in six receive medical and dental insurance and less than one in ten get vision insurance.