Financial Analysis

Muleka KikwebatiJune 10, 2012| Financial Analysis-Portfolio convalescence Associates William Baker Financial Management purloin This paper allow provide a complete pecuniary report on Portfolio Recovery Associates, a US worldly concernly-traded familiarity headquartered in the Norfolk, Virginia. A familiarity overview ordain be conducted to describe the high societys operations, locations, markets, and lines of business. Financial statements for the past tether course of studys volition be discussed . The go withs common stock equipment casualty will also be analyzed for the past three years. This query considers the companys culture, a critical factor in the corporations success. guild Overview: Portfolio Recovery Associates, Inc. (PRA) is a market leader in the consumer debt buy and accrual industry. The company also provides a broad digress of fee-based service through its various subsidiaries. PRA was founded in 1996 and has been publicly t raded company since 2002. The companys shares are publicly traded on the NASDAQ globose use up Market under the ticker type PRAA. The Company is some(prenominal)ize by its strong customer focus, endless 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, red-hot 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 considered the largest public d! ebt 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 overlord Services, LLC, Claims Compensation...If you want to get a full essay, order it on our website: BestEssayCheap.com

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