In managings a companies finances, define the following terms:
a) Prior days sales
b) projected P&L
c)Expected cash flow near-term

Wallygator --

This may seem very simple but I could write a thesis about the
definition of "sales" and changes in definitions of sales by
accounting standards (even in the U.S. -- and I'd hate to contrast
international standards).  For example, how would you consider:
*  sales of a store cash card
*  installment sales
*  goods shipped by a factory but not yet received by the customer
*  pre-1980: customer "commitments" (they used to be defined as sales)
*  leases
*  internal sales to other divisions within the company
*  sales to a nearly bankrupt customer
*  sales from a partnership
*  sales from an international operation (particularly when currency
exchange rates are changing dramatically)

And "prior day sales" is probably the most-precise of the 3 terms. 
The term varies widely between types of companies (leasing vs. retail
vs. manufacturing).  You have similar -- or worse problems with
"projected P&L" and short-term "cash flow".  Wall Street analysts
spend hours with companies on precisely how these last 2 terms are
defined.

Best regards,

Omnivorous-GA

This will do just fine. Thanks!!