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For each historical identification question, define the term and briefly describe its historical significance.
Wat Tyler and John Ball
Net Income
Net income is the total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue, indicating the company's actual profitability.
Revenues
The total income that a business generates from its normal business activities, usually from the sale of goods and services to customers.
Expenses
Costs incurred in the running of a business operation, such as rent, utilities, and salaries.
Acetylcholinesterase
An enzyme that breaks down the neurotransmitter acetylcholine in the synaptic cleft, thereby terminating the signal between nerve cells.
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