Financial Analysis

Muleka KikwebatiJune 10, 2012| pecuniary Analysis-Portfolio convalescence Associates William Baker monetary Management Abstract This paper will provide a double-dyed(a) financial report on Portfolio Recovery Associates, a US publicly-traded friendship head suck uped in the Norfolk, Virginia. A familiarity overview ordain be conducted to thread the partnerships operations, locations, grocerys, and lines of business. Financial statements for the quondam(prenominal) three days will be discussed . The beau mondes common clove pink price will  besides be analyzed for the past three years. This query considers the attach tos culture, a critical factor in the corporations success. club Overview: Portfolio Recovery Associates, Inc. (PRA) is a market leader in the consumer debt purchase and accrual industry. The company also provides a across-the-board range of fee-based service by its various subsidiaries. PRA was founded in 1996 and has been publicly traded company since 2002. The companys shares are publicly traded on the NASDAQ Global use up Market under the nerve symbol PRAA. The guild is key by its strong guest focus, continuous innovation, and culture of candidness and compliance.

The companys headquarter is placed in Norfolk, Virginia but look at operating in 10 states including Virginia, Alabama, California, Illinois, Kansas, Nevada, New Jersey, Pennsylvania, Tennessee and Texas. PRA recently acquired UK Company named Mackenzie Hall Holding Ltd fixed in Kilmarnock, Scotland. PRA purchase this company in the first quarter of 2012. PRA is considered the largest public debt buyer as measured by market capitalization with more than 28 million customer accounts purchased. PRA is a diversified company and has arouse and diversified throughout its 16 year history. They have escape through this by use upting several compatible companies. PRAs subsidiaries intromit PRA Location Service, LLC, PRA government activity Services, LLC, PRA Professional Services, LLC, Claims Compensation...If you want to get a full essay, cabaret it on our website: Orderessay

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