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Default Formula snafu

I have 2 formulas; one works and the other doesn't. The second one displays
as text and not a formula. Can someone tell me what to look for?

Formula 1 : =Sheet1!B2&", "&Sheet1!C2 : it shows the persons last name,
first name

Formula 2: =Sheet1!D2 : it shows =Sheet1!D2 (it should be a number 80101)

There are 4 formulas on this row which look at the same row of the
worksheet. Two of these formulas work and the other to do not; they just
display the formula.

Thanks,

El Bee
 
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