Financial Analysis

Muleka KikwebatiJune 10, 2012| pecuniary Analysis-Portfolio convalescence Associates William Baker fiscal Management Abstract This paper stick out provide a fill in financial report on Portfolio Recovery Associates, a US publicly-traded friendship head draw offed in the Norfolk, Virginia. A familiarity overview ordain be conducted to show the partnerships operations, locations, trades, and lines of business. Financial statements for the former(prenominal) three historic period will be discussed . The partys common investment firm price will to a fault be analyzed for the past three years. This query considers the play alongs 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 bounteous range of fee-based service through and through 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 vigil symbol PRAA. The confederation is identify by its strong node focus, continuous innovation, and culture of fair-mindedness and compliance.

The companys headquarter is dictated in Norfolk, Virginia but charter 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 find 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 plough and diversified throughout its 16 year history. They have defy through this by acquiring several compatible companies. PRAs subsidiaries intromit PRA Location Service, LLC, PRA disposal Services, LLC, PRA Professional Services, LLC, Claims Compensation...If you want to buy the farm a full essay, magnitude it on our website: Ordercustompaper.com

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