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Every option is verified cell by cell: displayed values stay exactly as in the original.
standbyChoose a file
Formulas can reveal your logic and internal sources, external links reveal file paths, document properties carry the author and company, comments may hold internal discussion, and the file may record the local folder it was saved in, often including your user name.
No. Each formula is replaced by what it currently shows and verified cell by cell. Formulas never calculated in Excel have no result to keep and become blank; the report says how many.
Formulas pointing at other files are frozen to their current values, and the link parts and names pointing at them are removed, so Excel no longer asks to update links. If charts or data validation still use them, links are kept.