When using the concatenate function to assemble text strings and cell values, is there a way to show the formats resident in the referenced cells in the concatenated string?
No, but there's nothing to prevent you for using the TEXT or DOLLAR worksheet functions (just to name a couple) to get the desired effect. For example...
=CONCATENATE(DOLLAR(A1,2)," on ",TEXT(B1,"mm/dd/yy"))
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