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In this Excel tutorial, the presenter demonstrates how to remove formulas while retaining the data in a spreadsheet. The example includes a dataset with company revenue, expenses, and net income, which is calculated by subtracting expenses from revenue. To keep the net income values without the formulas, the user selects the entire dataset, copies it, and then uses the "Paste Special" feature. By selecting the "Values" option in the dialog box and clicking OK, the formulas are replaced with their corresponding values. The tutorial concludes by showing that the formula bar now only displays the values, confirming that the formulas have been removed.
