Using the financial statement data provided along with the following assumptions, estimate the value (per share) of the companys common stock.

Sales are expected to continue to grow at a rate of 6% per year for the next four years and 2% per year thereafter.

• The net operating profit margin is expected to remain at the same level as in the prior year.
• The percentage of year-end net operating assets to sales is expected to remain at the same level as in the prior year.
• The differential between nonoperating assets and nonoperating liabilities is expected to remain at the same amount as in the prior year.
• The company faces a weighted average cost of capital of 9.5%.

Based on your projection of the implied value of the companys stock and given its current stock price of $59.40, would you be inclined to recommend purchasing or selling the companys stock?