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In this Excel tutorial, the presenter demonstrates how to quickly remove formulas while retaining the data. Starting with a dataset that includes revenue, expenses, and net income (calculated as revenue minus expenses), the process is straightforward. First, the entire dataset is selected and copied. Then, by using the "Paste Special" option and selecting "Values," users can paste the data without the formulas. This action results in the displayed values in the cells, with the formulas no longer visible in the formula bar. The tutorial provides a simple method to maintain data integrity while discarding underlying calculations.