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In this lesson, the tutorial explains how to display formulas on an Excel spreadsheet. Currently, users can see individual formulas by highlighting a specific cell, but to view all formulas at once, they can follow a few steps. First, navigate to File, then to Options, and select Advanced. Users should scroll down to find the option "Show formulas in cells instead of their calculated results" under the Display options, and click OK. Once activated, all formulas, including addition, subtraction, sum, and average, become visible in the spreadsheet.