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In this Excel tutorial, the presenter explains how to quickly remove formulas while retaining the data. Using a dataset with revenue, expenses, and net income calculated by subtracting expenses from revenue, the tutorial demonstrates the process. To remove the formulas, you select the entire dataset, copy it, then right-click and choose "Paste Special." In the dialog box that appears, you select the "Values" option and click OK. This action pastes only the values, eliminating the formulas. The presenter confirms the success of this method by showing that the formula bar now displays only the values without the original formulas.