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In this Excel tutorial, the presenter demonstrates how to remove formulas while retaining the data. Using a dataset that includes revenue, expenses, and net income (calculated by subtracting expenses from revenue), the presenter illustrates the process. To remove the formulas, you first select the entire dataset and copy it. Then, you right-click and choose "Paste Special." In the dialog box, selecting the "Values" option and clicking OK ensures that only the values are pasted, effectively removing the formulas. After this action, the formula bar will display only the value, confirming that the formula has been eliminated.