What are the key roles of an investment banker

Question

Problem: What are the key roles of an investment banker?

The stockholders' equity portion of Brimstone Tire Company follows:

Common Stock (2.0 million shares at $10 par)    $20,000,000
Capital in excess of par                                      17,000,000
Retained earnings                                              33,000,000
                                                                      $70,000,000

The current market value of Brimstone's stock is $20. Show what the balance sheet will look like (comparison to above) if Brimstone declares a 10% stock dividend.