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.
Average salary range for a male hotel general manager: $33,623 - $102,629. Average salary range for a hotel general manager with less than one year of experience: $25,269 - $67,370. Years of experience required to earn the highest hotel general manager salaries: 20 years. Average salary range for a hotel general manager at an establishment with 50 to 199 employees: $34,955 - $94,690. Three cities with the highest hotel general manager salaries: New York, Chicago, Miami.