Suppose that Chicago established a job training program in 2010. A researcher wants to study the effect of the job training program on unemployment rates. He uses New York as the control city and obtains unemployment rates for both Chicago and New York from 2005 to 2015. a. Write down a differences-in-differences specification to study the effect of the job training program on unemployment rates.

At december 31, 2016, pina corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 107,810 shares $10,781,000 common stock, $5 par, 4,026,000 shares 20,130,000 during 2017, pina did not issue any additional common stock. the following also occurred during 2017. income from continuing operations before taxes $21,950,000 discontinued operations (loss before taxes) $3,505,000 preferred dividends declared $1,078,100 common dividends declared $2,300,000 effective tax rate 35 % compute earnings per share data as it should appear in the 2017 income statement of pina corporation