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In this Excel tutorial, the presenter demonstrates how to quickly remove formulas while keeping the data intact. Starting with a dataset that includes revenue, expenses, and net income calculated through a formula, the tutorial emphasizes the simplicity of the process. The user selects the entire dataset, copies it, and then uses the "Paste Special" option. By choosing "Values" in the dialog box, clicking OK will replace formulas with their corresponding values. After this operation, selecting a cell reveals only the value in the formula bar, confirming that the formulas have been removed. The tutorial sets the stage for further demonstrations.