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In this Excel tutorial, the presenter demonstrates how to remove formulas while retaining data. Using a dataset with company revenues, expenses, and net income calculated via formulas, the process is revealed as follows: select the entire dataset and copy it. Then, right-click and choose "Paste Special." In the dialog box, select the "Values" option and click OK. This pastes only the values and removes the formulas. As a result, when clicking on the previously calculated cells, the formula bar now only displays the values, confirming that the formulas have been successfully eliminated.