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In this tutorial, Sofiane, a digital signature and worker automation consultant, demonstrates how to set up formula fields in Salesforce. He shows how to create simple or advanced formula fields to calculate dates and numbers. Using the example of a car rental company, he explains how to set up fields for customers to choose car models, colors, booking durations, and calculate the final price. Instead of radio buttons, he recommends using drop-down menus to assign values that can be used in formulas.