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The video tutorial demonstrates pulling parent information using a calculated field in Preact. The scenario involves extracting data from the existing product to the quote line product, where certain restrictions are in place. By utilizing a calculated field, the issue of unable to update through workflows or data mappings was overcome. The key idea is to store a cost price against the product and have the margin automatically calculated upon adding a quote product, enabling users to determine their margins efficiently. This was achieved by adding fields on the quote form to facilitate this process.
