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In this Excel tips video, the presenter demonstrates how to quickly remove formulas while retaining data. Using a dataset that includes revenue, expenses, and net income, the tutorial illustrates that net income is calculated by subtracting expenses from revenue. To remove the formulas while keeping the net income values, the user selects the entire dataset and copies it. Then, by right-clicking and choosing "Paste Special," they can select the "Values" option. After clicking OK, only the values are pasted, and the formulas are eliminated, as confirmed by checking the formula bar, which now displays only the values without the formulas.
