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.
According to SimplyHired.com, the mean hospitality management salary is $59,000; this was compiled through an average of salaries of all jobs featured on the site with âhospitality managementâ in the listing.our salary may be greatly affected by the size of the hotel, restaurant or attraction you work for as well as the area or region in which it is located. A general manager of a five-star hotel in New York City will earn a higher salary than the general manager of a local boutique hotel in a small town.