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In this video tutorial, the presenter demonstrates how to remove dollar signs and decimal points from cells in Excel. They begin with an example that includes a column containing currency values with dollar signs. To remove the dollar sign from individual cells, the user can right-click the selected cell, choose the "Format Cells" option, navigate to "Currency," then select "None" under the symbol and click OK. The presenter explains this process for each cell that needs adjustment. For removing dollar signs from an entire column, the user should select the entire column and follow the same formatting steps.