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.
At the budget end of the market, hospitality jobs still havenât recovered from the recession. âThere are more people on the street vying for jobs from housekeeping to hotel manager,â James says. âThere are a finite number of opportunities and an abundance of candidates.â. Find housekeeping manager jobs. Executive Pastry Chef: $60,200. A pastry chef overseeing two or three cooks who produce the cakes, bread and pastries for a restaurant has a niche job within a hospitality job niche. Executive pastry chefs who develop dessert menus for a restaurant chain pull down the highest salaries.