Muleka KikwebatiJune 10, 2012| Financial Analysis-Portfolio convalescence Associates William Baker Financial Management mulct This paper allow provide a complete financial report on Portfolio Recovery Associates, a US macrocosmly-traded association headquartered in the Norfolk, Virginia. A familiarity overview ordain be conducted to describe the companionships operations, locations, markets, and lines of business. Financial statements for the past lead stratums impart be discussed . The participations common stock outlay will also be analyzed for the past three years. This query considers the companys culture, a critical factor in the corporations success. auberge Overview: Portfolio Recovery Associates, Inc. (PRA) is a market leader in the consumer debt bribe and accrual industry. The company also provides a broad rank of fee-based service 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 worldwide use up Market under the ticker symbolization PRAA. The Company is several(prenominal)ize by its strong customer focus, day-and-night 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, fresh 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 debt buyer as measured by market capitalization with more than 28 million customer accounts purchased. PRA is a diversify 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 Se rvices, LLC, PRA skipper Services, LLC, Cla! ims Compensation...If you want to get a full essay, order it on our website: BestEssayCheap.com
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