Financial Analysis

Muleka KikwebatiJune 10, 2012| Financial Analysis-Portfolio convalescence Associates William Baker Financial Management rob This paper allow provide a complete financial report on Portfolio Recovery Associates, a US ordinaryly-traded friendship headquartered in the Norfolk, Virginia. A familiarity overview ordain be conducted to describe the gilds operations, locations, markets, and lines of business. Financial statements for the past triplet forms leave be discussed . The familiaritys common stock damage will also be analyzed for the past three years. This query considers the companys culture, a critical factor in the corporations success. nine Overview: Portfolio Recovery Associates, Inc. (PRA) is a market leader in the consumer debt procure and accrual industry. The company also provides a broad mountain chain of fee-based service through its various subsidiaries. PRA was founded in 1996 and has been publicly traded company since 2002. The c ompanys shares are publicly traded on the NASDAQ world(a) use up Market under the ticker attribute PRAA. The Company is some(prenominal)ize by its strong customer focus, continual innovation, and culture of fairness and compliance.

The companys headquarter is located in Norfolk, Virginia but subscribe operating in 10 states including Virginia, Alabama, California, Illinois, Kansas, Nevada, refreshing Jersey, Pennsylvania, Tennessee and Texas. PRA recently acquired UK Company named Mackenzie Hall Holding Ltd located in Kilmarnock, Scotland. PRA purchase this company in the first quarter of 2012. PRA is consider ed the largest public debt buyer as measured! by market capitalisation with more than 28 million customer accounts purchased. PRA is a change company and has grow and diversified throughout its 16 year history. They have carry through this by acquiring several compatible companies. PRAs subsidiaries intromit PRA Location Service, LLC, PRA Government Services, LLC, PRA superior Services, LLC, Claims Compensation...If you want to get a full essay, order it on our website: BestEssayCheap.com

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