Based on the information below, is purchasing the stock a good investment?

e) Based on this data, would you consider purchasing this stock? Why or why not? Is it a good investment? Use the Template Provided Below to Create Your Solution - Pay close attention to the formulas and formatting of the inputs. Input area: Addition to retained earnings Cash dividends Total equity $ $ $ 595,000 395,000 18,300,000 Common shares outstanding 370,000 Share price $ 47 Output area: Net Income $ 990,000 Earnings per Share 2.675675676 Dividends per Share 1.067567568 Book Value per Share 49.45945946 P/E ratio 17.56565657 Intepretation: Given this data, is this stock a good investment? Why or why not