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In this Excel tips tutorial, the presenter demonstrates how to remove formulas while retaining the data. Using a sample dataset of companies with revenue, expenses, and net income, the tutorial illustrates the process of calculating net income by subtracting expenses from revenue. To remove the formulas, the user selects the dataset, copies it, right-clicks, and chooses "Paste Special." In the dialog box, selecting the "Value" option and clicking OK pastes only the values, eliminating the formulas. After this action, the formula bar displays only the values, confirming that the formulas have been successfully removed.
