Star wood Hotels & Resorts Worldwide, Inc. reported the following in its 2014 financial statements (amounts in millions):

Note 2 Restricted Cash
Restricted cash primarily consists of deposits received on sales of vacation ownership interests (VOIs) and residential properties.

REQUIRED:
a. Why would a potential investor or creditor want to know about restrictions on cash?
b. All of Star wood€™s restricted cash is considered current, but some companies have long-term restricted cash. What is the difference between restricted cash that is considered current and restricted cash that is considered long term?
c. How might the disclosures on restricted cash affect the calculation of working capital, the current ratio, and the quick ratio?

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2014 2013 Cash and Equivalents Restricted Cash Total Current Assets $ 935 $ 616 134 84 $2,321 $1,996