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Flash Gordon Quarterly #1
#flash gordon quarterly#flash gordon#king vultan#vultan#sci fi comics#adventure#filya bratukhin#mad cave studios#comics#2020s comics
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Flash Gordon Quarterly #1 by Marc Andrekyo, Dennis Culver and more. Cover by Stefano Simone. Variant cover by Filya Bratukhin and Jason Wordie. Out in September.
"An all-new Quarterly special featuring a multiverse of stories! 'The Fall of King Vultan' expands upon Mad Cave Studios' Flash Gordon ongoing series with a father-and-son tale that brings deadly mercenaries to Sky City - it's fight or flight in more ways than one! This issue also features two 'Flash Fiction' stories - wholly original takes on the classic character and his companions. 'Flash Gordon and the Madness of M'nngh' is the first in a series of horror-themed shorts that would make Lovecraft proud. Another tale provides an interpretation in a genre you never would've guessed!"
#flash gordon quarterly#flash gordon#mad cave studios#marc andreyko#dennis culver#stefano simone#filya bratukhin#jason wordie#variant cover#comics
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Out this week: Flash Gordon Quarterly #1 (Mad Cave Studios, $5.99):
Mad Cave’s Flash Gordon line continues to grow with this anthology title that features stories about supporting characters as well as completely new takes on the Flash Gordon mythos. This issue features a King Vultan story, as well as a Western take and a detective take on Flash Gordon. Creators for this first issue include Dennis Culver, Louis Southard, Jordan Thomas, Pasquale Qualano, Nuno Plati, Russell Olson and more.
See what other comics and graphic novels are arriving at your local comic shop this week.
#comics#comic books#new comic book day#ncbd#new comics day#new comics#new comics wednesday#king vultan#flash gordon#flash gordon quarterly#mad cave studios
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Preview: Flash Gordon Quarterly #1
Flash Gordon Quarterly #1 preview. An all-new Quarterly special featuring a multiverse of stories! #comics #comicbooks
#comic books#Comics#dennis culver#filya bratukhin#flash gordon#flash gordon quarterly#jordan thomas#louis southard#mad cave studios#nuno plati#pasquale qualano#russell olson#stefano simone
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Other Worlds: An Anthology of Diverse Short Fiction
Short stories by writers from marginalised and/or underrepresented communities or backgrounds exploring the theme of "Other Worlds"
KICKSTARTER NOW LIVE and SUBMISSIONS OPEN!
Other Worlds is the second print anthology brought to you by A Coup of Owls Press - home of online quarterly anthologies from creators from marginalised and/or underrepresented communities or backgrounds.
As a follow-up to Other & Different, which explored what it is to be othered, Other Worlds will be an exploration of places, situations, communities, etc, that are other. These might be actual other worlds in a science or speculative fiction genre, or a community, or a situation in the historical or modern world that feels or is made to feel alien. Encompassing a variety of styles and genres, Other Worlds will feature stories focused on the theme of being part of those othered communities - however the writers wish to interpret that.
THE STORIES
We are thrilled to confirm that we have invited five fantastic authors to contribute to Other Worlds, and our submissions for the remaining stories are open from 1st October to 15th November 2023.
For more submissions guidelines and to submit, check out our submissions page.
Eve Morton: Strange people with strange purposes gather in Haven (Science Fiction).
Eve Morton is a poet, professor, and parent living in Waterloo, Ontario. She likes coffee, short stories, and horror movies--in that order. Weblinks: website
Previous publications include: A Coup of Owls, Other Stories Podcast and Third Flatiron Publishing
Victor Okechukwu: A post-civil war community feels cut off from the rest of Nigeria when a woman's only son enters a train to Jos but may not return (Modern Nigerian Lit).
Victor Okechukwu is a writer based in Lagos, Nigeria. His writing takes a deep setting in arresting issues of mental health that have been overlooked in his country. He's an Associate Prose Editor at Zerotic Press and is reading mass communication at the University of Nigeria, Nsukka. Weblinks: Twitter
Previous publications include: Gordon Square Review, Mycelia, Door-is-a-jar, and Rigorous Magazine
Von Reyes: Violence and intimacy become blurred and life might just be worth fighting for amongst a community of underground fighters (Speculative Fiction).
Von Reyes is an emergent fiction author, focused on uplifting the intersections of queer and trans masculinity and Asian diasporic identity. He focuses on genre fiction with themes of surrealism, queer sexuality, existentialism, and optimistic nihilism. He is passionate about creating a more socially conscious world where care for each other is at the core of all that we do. He hopes to tell stories that don't shy away from the horrors, but allows us to find the light within them. When he isn't writing, he can usually be found chasing the ocean and his next iced coffee. Weblinks: website
Previous publications include: The Good Men Project. Forthcoming in Chill Mag.
Zachary Rosenberg: A Jewish soldier and rancher must contend with mysterious monsters to build the home he longs for (Horror Western).
Zachary Rosenberg is a horror writer living in Florida. He crafts horrifying tales by night and by day he practices law, which is even more frightening. His debut novella Hungers as Old As This Land is out now from Brigids Gate Press and his second, The Long Shalom, is available from by Off Limits Press. Weblinks: Twitter
Previous publications include: Dark Matter Magazine, The Deadlands, and the Magazine of Fantasy and Science Fiction.
Samir Sirk Morató: When an Appalachian community clashes with their neighbors—a grove of sentient, dying chestnut trees—tragedy strikes (Horror).
Samir Sirk Morató is a scientist, artist, and flesh heap. They are also a 2022 Brave New Weird shortlister and a F(r)iction Fall 2022 Flash Fiction finalist. Samir spends most of their time tending to their cacti and contemplating the nature of meat. Weblinks: Twitter, Instagram, and website
Previous publications include: Neon Hemlock, bodyfluids, Catapult, and Seize the Press.
COVER ART
We can't wait to share with you the amazing cover art currently being created by amazing artist @pangaeastarseed.
Pangaea is a life-long artist and resident of the DC suburbs. A freelance illustrator with 20+ years experience, Pan’s work focuses on figure work and visual narratives utilizing the exploration of queerness, food as a love-language, and colors influenced by their florid synaesthesia.
Pangaea’s previous work includes custom illustration commissions and tattoo designs for clients; Starseed, an original gay-porn-space-opera comic, The Alien Dick Coloring Book, sketchbook zines Cardassia Prime and Cardassia Kotok, and the Washington DC-variant poster design of The Lambda Literary Awards 2022.
Portfolio: https://www.pangaeaillustrations.com/
WHY KICKSTARTER?
We want to ensure that we produce the high quality product that we know we can! Whilst design, layout and formatting happens in-house, Kickstarter funds will help cover pay for our authors, cover artist and editor.
REWARDS
Add Ons!
We have a variety of extras available in the add-ons, from extra copies to special collected editions. Whilst we've tried to create reward tiers to suit everyone, the add-ons will better allow you to mix and match to your preference!
Our own @maxturnerwrites is once more offering some of his own work at discounted prices for supporters.
STRETCH GOALS!
£1000 : at £1000 we will add an Other Worlds bookmark for each physical backer
£1250 : at £1250 we will add an A5 print of cover art (without title) to each physical backer, and an e-copy of the same to each e-backer
£1500 : at £1500 we will add an Other Worlds tote bag for each physical backer
#kickstarter#call for submissions#open submission#short stories#speculative fiction#anthology#fantasy#folklore#horror#science fiction#writers of tumblr#writing
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#COMICBOOKPREVIEW: FLASH GORDON QUARTERLY #1 by #DennisCulver, #LouisSouthard, #JordanThomas, #PasqualeQualano, #NunoPlati, #RussellOlson & more... from @MadCaveStudios. #comics #comicbooks https://ow.ly/LsXa50TbXPn
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Top New Misc Comic Releases for the Week of August 28th, 2024.
Archie the Decision #1,
Barbaric vs Deathstalker #1,
Brzrkr the Lost Book of B #1,
Convert #1,
Cursed Library Alpha #1,
Eye Lie Popeye #1,
Flash Gordon Quarterly #1,
Hello Darkness #2,
Prairie Gods #1,
Sesame Street #1,
Transformers #1 40th Anniversary +
Universal Monsters Frankenstein #1.
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'Flash Gordon' Enters The Multiverse In New Quarterly Adventures
Flash Gordon is entering the multiverse with the new title Flash Gordon Quarterly from Mad Cave Studios. Get the details here.
Flash Gordon (queue up the Queen) is back, in a brand new quarterly magazine from Mad Cave Studios and King Features Syndicate. Appropriately titled Flash Gordon Quarterly, the new series will revamp the universe for a new generation. The first issue of Flash Gordon Quarterly will feature multiple stories. Dennis Culver and Pasquale Qualano will tell a story of the winger warrior King Vultan…
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'Flash Gordon' Enters The Multiverse In New Quarterly Adventures
Flash Gordon is entering the multiverse with the new title Flash Gordon Quarterly from Mad Cave Studios. Get the details here.
Flash Gordon (queue up the Queen) is back, in a brand new quarterly magazine from Mad Cave Studios and King Features Syndicate. Appropriately titled Flash Gordon Quarterly, the new series will revamp the universe for a new generation. The first issue of Flash Gordon Quarterly will feature multiple stories. Dennis Culver and Pasquale Qualano will tell a story of the winger warrior King Vultan…
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TaG: Bloodlines (Part 11)
Veg • notables: Still kicking...
As always TY @gumnut-logic and @scribbles97 cause they put up me invading their PM’s
Chapter 1|Previous Chapter | NEXT
Rating and General warning: Mature content head. If you are not a fan of medical issues of a female nature in relation to pregnancy please proceed with caution.
Characters: Virgil/Kayo.
E N J O Y
8-8-8
Part 11 - Pengalihan
Thunderbird Two banked around the crest of a hill to come across a scene of complete madness. The red and blue lights of emergency vehicles flashed all around, people were scattered about in unorganized chaos and a couple of GDF troop carriers had just arrived and were off loading personnel and equipment. In the middle of it all sat Thunderbird One, her long streamline haul gleaming in the bright utility lightings that were being used to light up the mining sites service area. She was cordoned off and guarded by a row of black and whites that were doing their best to keep the gawkers back and out of the way.
Hitting the comms, Virgil brought Two to a hover some hundred meters up the rise. VTOLs blasting the hill side and flattening what little vegetation still remained among the scree and debris that had been dumped along the embankment.
“Thunderbird Two to Scott. On site, you got a place for me to set down.”
“I see you Thunderbird Two and I’m working on it. Veer left ninety degrees. Once those dozers have vacated you should have enough room to set down and plenty of room to work.”
Virgil looked to his left and watched several hard hats racing towards a group of parked dozers in a back lot just behind what looked like a collection of construction trailers. From his vantage point he could make out a clear line of sight to the mine shaft so getting pods to where they need to be wouldn’t be a problem.
“F.A.B,” He adjusted Two’s altitude to kill some of the turbulence rushing down the hillside and kicking up dust down below.
“Wow, it’s a mess down there.” Gordon said from his copilot seat, his nose almost plastered to the right view port. “Who’s in charge of this mess?”
“No idea, it’s a collaboration of a couple big construction firms last I heard. No wonder Scott is having a hard time of it.”
The chair next to him swiveled in his direction and Gordon pointed a thumb back over his shoulder. “You don’t seem all that surprised by this.”
He shrugged, his eyes scanning over his controls and keeping an eye on the progress of the dozers below. “Been keeping tabs on the progress on a few engineering sites. This project has had a lot of set back in recent months. The other construction firm was brought in ahead of schedule in hopes that it would speed things up. . Stupid idea if you ask me, they were no where near ready for the extra crew. No way they could keep proper safety measures in place with these extra bodies in play.”
One of the many downfalls to projects of this nature. The money behind it all wanted results and their quarterly statement to be in the black. There were a lot of funds riding on the transcontinental transport tunnel that was going to bridge the gap between the Western tip of Russia through the Diomed Island chain and across to the Eastern end of the Alaskan land bridge.
It was a daring venture to say least. The Bering strait was rough on the best of days, trying to construct a tunnel system some fifty odd meters down in a sedimentary trench deep enough to hit bedrock was anything but easy. An engineering feat of epic and mind blowing proportions. If they could accomplish it, the implications on commerce would be huge and add a whole new avenue for transporting goods from one end of the world to the other.
Top that with the latest in maglev rail systems and it would revolutionize the shipping industry. Run with robotics and minimal manpower in transit, low impact on the ecosystem once fully implemented and someone was going to be sitting pretty on a pile of cash. That was of course if they could get it built.
One delay after another had plagued the project from the get go. From faulty equipment, personnel issues and bad timing with the weather. Now it seemed something had failed in a big way and from what little information John had been able to provide on route, there may or may not be upwards of forty six workers trapped down the this access shaft.
Securing Two, Virgil swung about and signaled to Gordon to follow. Passing through the bulkhead they made their way to the pod bay, Two starting to rise up on her struts as soon as they had cleared the reinforced doors. The hull beneath his feet rumbled as she trundled upwards but he paid it little attention, pod assembly first and foremost on his mind.
“Grab a medkits and blankets and a couple backer boards, we have no idea what we are heading into.”
‘Got ya,” Gordon nodded, already heading to the supply area at the back of the bay. “Think John or Scott have any new info yet.”
Distracted by the controls in front of him, Virgil shrugged non-committedly. “Your guess is as good as mine. Comms down the shaft seem to be fried and John was having a tough time getting thermal readings. Too many metallurgical components in the surrounding sediment are throwing his readings off. We’ll have to take our own scans while we are down there."
“You think that will work?” Gordon’s voice carried back through the bay.
The heavy assembly system kicked into life. Not knowing what they were walking into, he decided against the track system and went right for the bifurcated spider legs and traction gear. He just hoped that that tunnel wasn’t flooded, thought the pods could easily handle it.
He eyed his exo-suit a moment and with the easy brush of a finger on the console it unlocked from its loading bay. Another quick flick and it was loaded up on the back of the pod. Better to have it and not need it.
Task completed, he turned to give Gordon a hand with the gear. “Ya, it should as long as the tunnel hasn’t been too compromised and isn’t flooded we shouldn't have an issue.”
Gear stowed away, they climbed aboard the pod and without further adieu the heavy blast door of the pod compartment rolled up and out of the way.
The scene outside hadn’t changed much in the few moments it had taken them gear up and unload. People were still scattered about but now the GDF was corralling them into groups further back from the shaft entrance. Several bulky shapes of GDF flyers were circling above, kicking up loose debris as they chased off news droids that had invaded the DZ airspace.
Thumbing his comms, Virgil signaled to Scott and his figure appeared out the mess of suited and uniformed people crowded near One.
He didn’t look pleased to say the least, the crease between his eyes evident even from a distance. His long legs ate up the distance, the GDF that appeared behind him forming a blockade to keep the riff raff at bay.
Virgil popped the canopy, the plexi-shielding swinging up. He squinted and grabbed his helmet as the one of the flyers came close, its Vtol downdraft warm and swirling up dust.
“Scott,” He nodded with a grunt as he swung down out of the pod, his heavy soled boots thumping. “We got a sit-rep yet? John was surprisingly vague.”
“Not intentionally.” John’s voice crackled through the comms in his ear. Virgil wasn’t surprised his brother had been listening in and his early words hadn’t been meant as a slight though he knew John wouldn’t take it that way.
“For a construction project this big you would think they would be more organized..” Scott huffed skidding to a halt, his eyes doing a quick scan over the gear that was assembled. “We’re getting contradicting accounts of what happened. Some say there was a section collapse. Others, an explosion of unknown origin. I’ve taken some preliminary scans but the results are inconclusive. All I know is there is a pocket down there about hundred and fifty feet down the shaft that’s blocked off.”
“Signs of life?”
Bringing up the scan details on his wrist comm, Scott pointed out the area in questions. “Audio’s picked up tapping. Standard Morse Code but it stopped about twenty minutes ago.”
That wasn’t a good sign. “Number of missing still the same?”
“I’m waiting for confirmation. More came up the shaft after the initial count. Visibility is poor down there so we’ve had some stragglers.”
“Take the pod down, check the integrity and see if you can get further signs of life. I’m going to try and get the story up here and a firm headcount. I’ll also relay info up to John. Comms in the mine are sketchy at best so line of sight is required.”
“F.A.B.”
Eyes track the movement of the spider legged pod as it crossed the compound. The machine was a wonder and from what he could see from his vantage point the interior of the pod bay it had departed from was no different.
The technology was revolutionary in innovation and design. International Rescue reputation was well warranted in that regard and he could see why his employer would be so obsessed with them though he knew there was an underlying darkness to the obsession. He’d seen it himself a time or two. Disposing of the remnants of whomever it was that crossed his path.
It was a thankless job but he was paid well for his efforts and his well financed employer never skimped.
Slipping between two of the many supply shipping containers that dotted one side of the service area, he obscured himself in shadow. Away from the hubbub and chaos of people darting to and fro there was little chance he would be spotted. The GDF were too entangled in their own task of trying to bring some sort of order to the situation to take notice of one solitary figure.
He’d snuck around easy enough before the evacuation order had been announced. After the noisy blast of a horn in triplicate it was as if he was invisible. The contradictory rally points purposely imposed and uncorrected making the ensuing tangle of people the perfect cover for him to slip in amongst the moving mass of bodies.
His counterpart had been waiting for him, standing off to the side and obviously not one of the many clambering workers with his pristine coiffed hair and tailored pants. The dirty hard toes boots a decidedly tacky but necessary accompaniment to his apparel.
The acknowledgement of the others presence was simple and took but a second of eye contact and a briefest of nods. His associate then easily donned the façade of a simpering idiot and joined the hurried workers. Disappearing as the first thundering roar of rescue entered the scene.
The man truly was an idiot though so slipping in to the role he was to play was only natural. He really had no idea how much he was being manipulated. Every action, one his employer had direct, every reaction one that was completely expected.
The association with the billionaire inventor was just one part of the puzzle, a naïve one at that as the twit had no idea who was really behind all the careful planning. Planning that had been meticulously cultivated over the last several months so that all the players would be exactly where they needed to be at precisely the right time.
He knew exactly how important this next stage of the plan was and there was the real threat of cold steel at his neck and an unmarked grave in his future if things didn’t go the way his employer envisioned. Not an appealing end to his career to say the least.
Billionaire dealt with, he returned his steely gaze to the task at hand. Tracing the path the pod had taken he watched as the canopy opened and one of his targets hopped down, followed shortly thereafter by another and a greeting of sorts took place between them and a third. He knew as much as his employer would divulge about the ongoing grudge with the first responders though he cared very little about the true nature behind it.
He was being paid handsomely for his work and the bonus of screwing over that family was rather appealing. Taking them down a peg or two was something he had wanted to do from the first time he’d met them.
Further pondering though would have to wait for a more appropriate time as he had a task to complete. Part one of the plan had gone without a hitch and the true responsible party’s identity was safely out of sight.
It was only a matter of time before their patsy’s involvement would be discovered. He was a well known man after all. Infamously so when it came to International Rescue and he wouldn’t be able to hide in the crowd for long. His reputation for failure in his chosen field was well known and his employer had made sure that his ineptitude was something that couldn’t be missed. Use of him as a distraction in the past had already proven rather successful in aid deflecting from their true goals and there was no doubt that he would be again.
He himself was a part in the grand scheme and he took a certain amount of pride in the subterfuge his involvement had incurred. The Tracy family really had no clue.
Leaning on the shipping container, he zeroed in on the sudden bustle of organized activity. It appeared things were moving again as two of the brothers hustled back into the pod and it started moving towards the mouth of the shaft.
Palming a small, encrypted communication device he quickly activated it. “Targets on site and entering shaft. Phase two is a go.”
Message sent, he snapped the device in two and tossed it over his shoulder into the brush. His thick padded work jacket and mining helmet soon followed. Straightening he did one final check of his GDF Blues and stepped out into the harsh halogen brightness of the industrial lights.;
8-8-8
TBC
Chapter 1 |Previous Chapter | NEXT
#Thunderbirds are go#thunderbirds fanfict#fanfiction#fanfic#TaG Bloodlines#vegetacide#Virgil Tracy#Kayo Kyrano#virgil/kayo#Virgil X Kayo
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Sensor Sweep: Howard Days, Derleth Christmas Card, Tolkien Society Seminar
Robert E. Howard (Orthosphere): Considering that he died at thirty, Howard’s literary accomplishments can only impress. Stylistically, he operates at a level many ranks above that of the typical pulp writer. His vocabulary includes a rich lode of Latin and Greek derivations and likewise of English archaisms. Brought up, from age thirteen, in the small and isolated Texas town of Cross Plains, in Callahan County, in the middle of the state, Howard almost miraculously overcame a lack of educational resources and acquired a reserve of knowledge in history, literature, myth, and folklore that would shame the modern holder of a college degree in any of those subjects.
Science Fiction (Wasteland & Sky): Ever since the Pulp Revolution started, the main kickback has always been from the older set who think it exists to erase their past when it exists for the exact opposite. The whole reason the movement sprung up was because of those who began looking into the past and were finally discovering what Fandom was actually doing was rewriting and destroying what came before. They were doing it for their own gain, chasing out anyone who wanted what they had mere years earlier.
Gaming (Monster Hunter Nation): I talked about this in the last blog post about the Yard Moose Mountain Mega Shooting Weekend, where I had shooters from all over the country coming to my place for three days of pistol training, about how one night I ran a one off RPG session for 17 of them, and by some miracle it actually turned out good. When this got posted about on Facebook right after, a whole bunch of gamers asked how the hell do you run a game that big and not have it suck, so here’s how we pulled it off.
Tolkien (Breitbart): “The Tolkien Society has announced that the theme of its 2021 Summer Seminar, held July 3 – 4, will be ‘Tolkien and Diversity,’” reports the Daily Wire. Here’s a sampling of what Woketard Tolkien Fanboys can expect — you know, those whose lives are so empty, this is how they choose to spend a weekend: Gondor in Transition: A Brief Introduction to Transgender Realities in The Lord of the Rings. Pardoning Saruman?: The Queer in Tolkien’s The Lord of the Rings. The Lossoth: Indigeneity, Identity, and Antiracism.
Robert E. Howard (Adventures Fantastic): This past weekend was the 2021 Robert E. Howard Days. After last year’s cancellation, it was a much needed gathering. And while many of the regulars weren’t able to attend, the number of first time attendees made up the difference. The gift shop sold out of almost all the books they had in stock.
Awards (DMR Books): John Bullard is a good guy doing Crom’s work over at the Robert E. Howard Foundation (REHF). The other day, John sent me the list of REHF award recipients for 2020 and 2021, which were announced at Howard Days in Cross Plains a week ago. I should note that Corona-chan canceled last year’s Howard Days, so the 2020 awards were handed out this year. Check ’em out below. I’ll post my comments below that.
Fantasy (Goodman Games): Linwood Vrooman Carter was born on June 9th, 1930 in St. Petersburg, Florida. In the august company of his fellow Appendix N authors, Lin Carter is a figure both of high esteem and some controversy. As an editor and critic, he is indispensable, most notably for his role in editing the landmark Ballantine Adult Fantasy series (BAFS), which ran from 1969-1974 and re-introduced such luminaries as Lord Dunsany, William Hope Hodgson, and Clark Ashton Smith to the fantasy-reading public.
Pulp (Pulpfest): Today we celebrate the 125th birthday of TIME magazine’s “dean of science fiction writers,” William Fitzgerald Jenkins — a.k.a. Murray Leinster. An avid inventor who also happened to have a knack for writing wonderful speculative science fiction, his career spanned much of the 20th century.
Fiction (Realms of Night): In the early 1980s, Zebra Books published a four “issue” anthology series bearing the title Weird Tales and the stylized logo familiar to fans of the pulp greats who were published in The Unique Magazine. Weird Tales has been called the magazine that never dies, but most would agree it’s had a largely beleaguered existence since the late 1950s. It has appeared at various times in a newsstand digest format, a full-size traditional magazine format, and — perhaps the most successful post-Golden Era run of the magazine — a very nice perfect bound magazine during the 1980s and early 1990s.
Comic Books (National Review): How can you not know who Neal Adams is? He gave the world the modern Batman and Joker! Revived Green Arrow and the X-Men! Created the first Black superhero for DC, the John Stewart Green Lantern!
Robert E. Howard (Dark Worlds Quarterly): “The Fire of Asshurbanipal” (Weird Tales, December 1936) by Robert E. Howard is the point at which adventure fiction and horror meet. The story was found in a trunk with a note to be sent to Farnsworth Wright in case of the author’s death. This is according to Glenn Lord who published the first version of the story in The Howard Collector #16 (Spring 1972). Lord gives us a little preamble with:
RPG (Modiphius): We’re delighted to announce that Conan The Adventurer arrives in print! This latest sourcebook for the Conan Adventures in an Age Undreamed Of RPG is available now on Modiphius.net and coming soon to a retailer near you. Here are the details on this fascinating new sourcebook which is also available in PDF format on Modiphius.net and DriveThruRPG.com.
Comic Books (Arche-arc): Upon completing my viewing of the FALCON AND WINTER SOLDIER streaming series, I’m moved to comment on some of the parallels between Kevin Feige, founder of the Marvel Cinematic Universe, and Stan Lee, the founder of Marvel Comics in its crucial sixties incarnation.
Comic Books (Irmonline): I have gone into the first series run of What If? by Marvel from 1977 to 1984, with 47 issues. The title series continues to find numerous use over the years with Marvel. There is a second series that starts in 1989 and ends in 1998, with 115 issues including a #0. After that, Marvel releases a few mini-series, or one-shot stories, that go under the title What If?.
Fiction (DMR Books): I like Vikings, specifically Viking fiction. I certainly have an interest in the history, and the sagas make for dense but fascinating reading, but my first love is pure, heart-pounding adventure. I remember first learning about Vikings back in grade school, when we briefly covered the Viking explorations of the New World, the discovery of Greenland, Vinland and Viking settlements on the Canadian east coast long before that Italian explorer came along and spoiled everything.
Gaming (Game Rant): Skyrim is packed full of references to the works of H.P. Lovecraft. Its last DLC, Dragonborn, saw the inhabitants of the isolated town of Raven Rock fall under a mysterious trance-like state that was leading them to build strange obelisks, with only the faintest memory of doing so. While some The Elder Scrolls quests are full of surface-level Lovecraft allusions like this, the series’ metaphysical lore makes the connection explicit. The same can be said for Obsidian’s upcoming first-person fantasy RPG, Avowed.
Cinema (Talking Pulp): Beyond the Black Rainbow. I really dug Panos Cosmatos’ Mandy, a film that sort of came out of nowhere a few years ago that in some ways, boosted and reignited Nicolas Cage’s acting career. I don’t think that it was long-lasting but his role in Mandy proved that the dude can still bring it and excel when given the right part in a movie. Cosmatos only has one other film and, at this point, it’s already over a decade old. It’s been in my queue since I saw Mandy, however, so I felt like checking it out was long overdue.
Star Wars (Tor): The Star Wars movies are notable for spinning off into a wide variety of other media and related products, including TV shows, books, comic strips, comic books, radio dramas, toys, housewares, and other products. Since the series was largely modeled on the old Flash Gordon and Buck Rogers serials, this is no surprise, as both of those properties were also adapted into a variety of formats and merchandise, something George Lucas certainly noticed and emulated. Today, I’m going to look at two of the first Star Wars tie-in books, Splinter of the Mind’s Eye and Han Solo at Stars’ End.
Pulp (Fantasy Literature): The Universe Wreckers initially appeared as a three-part serial in the May, June and July 1930 issues of Hugo Gernsback’s Amazing Stories magazine, the first publication to dedicate itself solely to science fiction. This legendary magazine started publishing in 1926, the same year that Hamilton’s very first story, “The Monster-God of Mamurth,” appeared in Weird Tales, when its author was 22. The Universe Wreckers would then, sadly, go OOPs (out of prints) for over 80 years, until Haffner Press resurrected it for inclusion in one of its mammoth Hamilton anthologies.
Gaming (Arkhaven Comics): Last month, IGN decided that the hill to die on this week was Palestine. They printed some article on giving aid to Palestinian Children* that I didn’t care about and didn’t read because I haven’t read anything from IGN for years and I wasn’t starting now. However, IGN Israel did read it and screamed at the corporate owners. Ziff-Davis roused itself from its dreamy lassitude and made the accurate but surprising decision that this article had nothing whatsoever to do with gaming or popculture and spiked it.
Fiction (Allied Authors): Years ago on this Allied Authors website in “A Derleth Christmas Card,” I touted an unexpected find I made in a local antique store: a series of unique Christmas cards issued by Wisconsin’s famous author — and close friend of Allied Authors — August Derleth. Unexpected, because even in his home state, Derleth’s proverbial backyard, such finds are fewer and farther between, with his fame continuing to grow.
Comic Books (AE Index): An excellent representation of EC original art in an inexpensive format. Along with full-page scans of original art, this features an introduction by Annie Gaines Ashton, exhibit introduction, and twelve short essays or personal recollections from noted EC fans. There are also four double-page enlargements of art, three successful and one blurry. The scans are mostly clear with a few soft or blurry issues.
Review (Rough Edges): There’s no sophomore jinx for the second issue of MEN’S ADVENTURE QUARTERLY. It remains one of the most impressive, beautifully designed publications available today. The theme this time around for this oversized trade paperback is Espionage. It features a lot of vividly reproduced artwork, including both covers and interior illustrations, from a variety of the Men’s Adventure Magazines published in the Fifties, Sixties, and Seventies, along with seven stories (mostly fiction, even the supposedly true ones) from those magazines.
Cinema (Neotextcorp): When Rhodesian writer Daniel Carney’s unpublished novel The Thin White Line ended up in the hands of producer Euan Lloyd, it fit perfectly with his ambitious plans to make a grand-scale star-studded war adventure film in the vein of Where Eagles Dare. The novel toyed with the rumor about a mysterious 1968 plane landing in Rhodesia allegedly carrying a mercenary force, and when screenwriter Reginald Rose adapted it for film, director Andrew V. McLaglen was hired to bring it to life based on a decisive recommendation from the great John Ford. The cast was loaded with heavy-hitting names such as Richard Burton, Roger Moore, Richard Harris, Hardy Krüger, Stewart Granger, Jack Watson, Frank Finlay and many others.
Sensor Sweep: Howard Days, Derleth Christmas Card, Tolkien Society Seminar published first on https://sixchexus.weebly.com/
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Sign up to the Den of Geek Print Magazine For Free!
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The first full color issue of Den of Geek‘s glossy new magazine launched this month. It’s a gorgeous 68 page print magazine full of the latest features and interviews covering the very best of pop culture from movies and TV to comics, books, and games. Yep, it’s an actual old school physical item that you can read in the bathtub, flick through at your leisure, use as a fan, or whatever else you please.
Jealous you missed it? Don’t worry there’s still time to get your paws on issue two which will be delivered directly to your front door in May.
Issue one featured an exclusive Superman & Lois cover, we spoke with stars Tyler Hoechlin and Elizabeth Tulloch as well as the creators of the show to get the scoop on what’s going down at the Kent farm. We also visited the set of Free Guy and hung out with Ryan Reynolds and Jodie Comer, met the makers of Disney’s gorgeous new animation Raya and the Last Dragon, spoke to the creators of DC comics latest launches and relaunches, and looked back at the mighty Flash Gordon with director Mike Hodges 40 years after its initial release. It’s a corker.
Issue two will be no less packed with goodies as we delve into the most exciting events in the pop culture world.
There’s still time to sign up. All you need to do is put your address into the below form. The magazine is quarterly, so you’ll receive issues 3 and 4 too. The mag is free for anyone living in the United States. If you are outside America the magazine is still free but you’ll have to pay a postage charge. We won’t use your details for anything else or pass them to anyone, and we won’t renew your subscription or save your payment details if you’ve paid for postage. If you want issues in 2022 (and we reckon you will) you’ll need to sign up again.
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Impeachment Melt-Up; Maxing out With Micron
Impeachment Melt-Up; Maxing out With Micron:
Ain’t That a Peach
I’ve been hesitant to wade into the impeachment waters … for obvious reasons.
I don’t like politics. I mean, I do … but I don’t like mixing them with investing advice unless it’s absolutely necessary.
I’m putting a toe in the impeachment pond today because the U.S. House of Representatives voted last night to approve articles of impeachment against President Trump. As such, Trump becomes only the third U.S. president in history to be charged in an impeachment trial.
For the record, Trump is being impeached on two counts of abuse of power and obstruction of Congress. If you want to know more about the finer points — the details of the impeachment process and all that jazz — I’m not covering them here.
Practically every major news outlet around the world is covering that information. For example, The New York Times has the full articles of impeachment in PDF format here.
Do I have opinions on the topic? Sure.
Am I going to share them here? Not on your life … or your portfolio.
So why bring it up at all, Mr. Great Stuff?
Because political events this big can have an impact on your financial well-being. Political views are so polarizing and emotional that they often get in the way of sound portfolio management and cloud research. And that hurts your gains.
And investing is all about the gains.
The Takeaway:
You may have noticed that the markets aren’t reacting to this major event as sharply as you would expect. There’s a reason for that.
Wall Street believes that we will see a repeat of the President Clinton impeachment trial. In other words, the Senate will acquit Trump, and that will be that.
Investors, especially large institutional investors, thrive off expectations and what is known. The unknown scares the utter bejeezus out of them. Since “it is known” that the Senate will acquit, Wall Street is business as usual … although it will enjoy the show.
Here is what I believe will happen. Naturally, there are investors out there that remain reluctant to put money into the market during the impeachment. These investors will remain on the sidelines until the show in the Senate is over. Once the acquittal comes through, that money will flow readily back into the market.
Yes, dear readers, we are looking at a post-impeachment market melt-up.
With tariff woes off the table for now, U.S.-China trade relations normalizing, the U.S. economy chugging along and the Federal Reserve lending a helping hand … we are looking at solid gains for the first half of 2020.
Since the House announced the formal impeachment process in September, the S&P 500 Index is up roughly 7%. That rally will gain momentum once the trial begins and the outcome becomes apparent. Remember, the S&P 500 surged more than 25% during the Clinton impeachment process.
It is known.
Now, the question is: Are you prepared to take advantage of the potentially significant market melt-up that’s coming?
If not, then you need Banyan Hill expert Paul Mampilly in your corner. That man has strong hands, conviction and an excellent track record of identifying mega trends.
So, if you’re tired of wishy-washy investing research from the “pros,” check out Paul Mampilly’s Profits Unlimited newsletter. You don’t want to miss out on this potentially lucrative market melt-up.
Click here to find out how to subscribe now!
The Good: Micron Bottom
The swoon is over. The glut is gone. Micron Technology Inc. (Nasdaq: MU) stock can now move on.
The hype is slowly starting to return for flash memory maker Micron. The company’s quarterly earnings report last night revealed Street-beating results and improved guidance for next year. For the record, earnings topped expectations by a penny per share, and revenue was $150 million higher than expected.
Not too shabby. But the real driver for Micron stock today was a comment from Sanjay Mehrotra, the company’s CEO and president: “With our strong execution and improving industry conditions, we are optimistic that Micron’s fiscal second quarter will be the cyclical bottom for our financial performance.”
You heard him, folks. The bottom is in.
There’s one big reason to believe in Sanjay’s prediction…
Micron’s biggest problem has been a sluggish smartphone market. The company’s flash memory is a big part of smartphone storage. But 5G is expected to power a rebound in smartphone sales, thus driving up demand and revenue for Micron.
And with a fresh supply license for Huawei — a blacklisted Chinese tech giant and the second-largest smartphone-maker in the world — Micron’s future is looking brighter every day.
The Bad: Über Scary Germans
Like Rammstein finding a “Swifty” at one of its concerts, a German high court banned Uber Technologies Inc. (NYSE: UBER) from operating in the country this morning.
According to the court, Uber is not licensed to provide transportation services with rental cars. Rental cars?
Due to German law, Uber must work with existing taxi-style services in the country. In 2015, Germany banned Uber from matching up private drivers with passengers, citing German transportation laws. This time, the court said that Uber’s workaround of using car rental services violated competition rules.
Clearly, Germany is a complicated place to operate a taxi-style service. But it is the largest economy in Europe, so Uber is considering appealing the ruling or suing the court outright.
This is the second such setback for Uber in Europe. Last month, London revoked Uber’s operating license in the city, claiming a risk to passengers.
Those self-driving cars can’t come fast enough for Uber. It is still working on them, right?
The Ugly: The Peloton Plunge
I hope the view from those large bay windows is a nice one, because Peloton Interactive Inc. (Nasdaq: PTON) investors are going to need something pleasant to look at.
A second hedge fund has come out of the woodwork to pan the exercise bike company. Last week, Citron Research’s Andrew Left set a price target of $5 per share on Peloton. Ouch.
This week, Hedgeye Risk Management issued its own bearish warning. Co-founder Brian McGough tweeted that the company “should never have gone public, or picked the wrong strategy.”
According to McGough, Peloton’s true valuation is in the $2 billion to $4 billion range, not the roughly $9.5 billion valuation it currently sports. At that valuation, PTON would be trading closer to $7 to $14 per share — 55% below the stock’s current trading range.
Left and McGough aren’t alone in their bearish stance on the company. According to Bloomberg, about 70% of PTON shares available for public trading are sold short.
If this bearish duo is right, PTON investors are in for a world of hurt when PTON’s post-IPO lockup period ends in March.
You know the drill.
You Marco, we Polo.
It’s Reader Feedback time!
Great Stuff readers never cease to amaze me with their random pop culture knowledge. I honestly didn’t know that there were this many Savage Garden fans out there. David K. wrote:
You forgot “do,” but that’s OK. Do really want to bathe in the sea? You just have to shower afterwards. Anyway, I look forward to your garden of savage comments about investing and the economy.
“Garden of savage comments” … I like that. I might have to steal it. And why not bathe in the sea? There are already plenty of sponges there. Just imagine how deep the ocean would be without sponges!
Thanks for writing in, David! I’m glad you’re enjoying Great Stuff.
Y’all also have lots of predictions for next year. Some are good, like this one from Richard W.:
I believe 2020 will be better than the negative Nancies say or think. Roku is a winner. Their box in TVs, EU penetration, DIS, Apple, will go thru ROKU. It is easy, cheap and it works. CRWD will be the second winner of 2020. They have a moat that is unrealized yet. They have many platforms for whatever you want. It is so simple to incorporate. Many rave reviews. Long ROKU CRWD.
And some are not so good, like this one from Gordon F.:
I saw a chart recently that showed how the stock market has risen in lock-step with expansion of the Fed balance sheet, so as long as the balance sheet keeps expanding, so goes the theory, the market should continue rising.
But I also imagined an image of a chart that shows the circumference of a balloon plotted against the amount of air blown into it. They also increase in lock-step until a certain point, at which the balloon pops and the circumference disappears or becomes meaningless.
At the moment, nothing appears likely to pop this balloon, but if and when it happens, it’s likely to be sudden, and everyone will be yammering about a black swan (unforeseeable, catastrophic, how could we have known, blah, blah, blah). I’m still in the market, but I also maintain positions that will (hopefully) protect me if the balloon does pop.
It’s no secret we’re fans of Roku Inc. (Nasdaq: ROKU) here. Richard is right on the money about it being the real winner in the streaming wars. We’re also fans of CrowdStrike Holdings Inc. (Nasdaq: CRWD). However, the end of the post-IPO lockup period could be a bit volatile for early investors. Remember to be careful on this one.
As for popping balloons, well … that always happens at the end of the party, doesn’t it? But Gordon brings up an excellent point that we’ve harped on repeatedly here at Great Stuff. That point is: You need to be prepared.
You can invest in all the Rokus, CrowdStrikes and Pelotons you want, but don’t let them make up the majority of your portfolio … especially if you’re in retirement.
Always remember: Gains are good, but protection and caution are golden.
Until next time, good trading!
Regards,
Joseph Hargett
Great Stuff Managing Editor, Banyan Hill Publishing
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Link
Ain’t That a Peach
I’ve been hesitant to wade into the impeachment waters … for obvious reasons.
I don’t like politics. I mean, I do … but I don’t like mixing them with investing advice unless it’s absolutely necessary.
I’m putting a toe in the impeachment pond today because the U.S. House of Representatives voted last night to approve articles of impeachment against President Trump. As such, Trump becomes only the third U.S. president in history to be charged in an impeachment trial.
For the record, Trump is being impeached on two counts of abuse of power and obstruction of Congress. If you want to know more about the finer points — the details of the impeachment process and all that jazz — I’m not covering them here.
Practically every major news outlet around the world is covering that information. For example, The New York Times has the full articles of impeachment in PDF format here.
Do I have opinions on the topic? Sure.
Am I going to share them here? Not on your life … or your portfolio.
So why bring it up at all, Mr. Great Stuff?
Because political events this big can have an impact on your financial well-being. Political views are so polarizing and emotional that they often get in the way of sound portfolio management and cloud research. And that hurts your gains.
And investing is all about the gains.
The Takeaway:
You may have noticed that the markets aren’t reacting to this major event as sharply as you would expect. There’s a reason for that.
Wall Street believes that we will see a repeat of the President Clinton impeachment trial. In other words, the Senate will acquit Trump, and that will be that.
Investors, especially large institutional investors, thrive off expectations and what is known. The unknown scares the utter bejeezus out of them. Since “it is known” that the Senate will acquit, Wall Street is business as usual … although it will enjoy the show.
Here is what I believe will happen. Naturally, there are investors out there that remain reluctant to put money into the market during the impeachment. These investors will remain on the sidelines until the show in the Senate is over. Once the acquittal comes through, that money will flow readily back into the market.
Yes, dear readers, we are looking at a post-impeachment market melt-up.
With tariff woes off the table for now, U.S.-China trade relations normalizing, the U.S. economy chugging along and the Federal Reserve lending a helping hand … we are looking at solid gains for the first half of 2020.
Since the House announced the formal impeachment process in September, the S&P 500 Index is up roughly 7%. That rally will gain momentum once the trial begins and the outcome becomes apparent. Remember, the S&P 500 surged more than 25% during the Clinton impeachment process.
It is known.
Now, the question is: Are you prepared to take advantage of the potentially significant market melt-up that’s coming?
If not, then you need Banyan Hill expert Paul Mampilly in your corner. That man has strong hands, conviction and an excellent track record of identifying mega trends.
So, if you’re tired of wishy-washy investing research from the “pros,” check out Paul Mampilly’s Profits Unlimited newsletter. You don’t want to miss out on this potentially lucrative market melt-up.
Click here to find out how to subscribe now!
The Good: Micron Bottom
The swoon is over. The glut is gone. Micron Technology Inc. (Nasdaq: MU) stock can now move on.
The hype is slowly starting to return for flash memory maker Micron. The company’s quarterly earnings report last night revealed Street-beating results and improved guidance for next year. For the record, earnings topped expectations by a penny per share, and revenue was $150 million higher than expected.
Not too shabby. But the real driver for Micron stock today was a comment from Sanjay Mehrotra, the company’s CEO and president: “With our strong execution and improving industry conditions, we are optimistic that Micron’s fiscal second quarter will be the cyclical bottom for our financial performance.”
You heard him, folks. The bottom is in.
There’s one big reason to believe in Sanjay’s prediction…
Micron’s biggest problem has been a sluggish smartphone market. The company’s flash memory is a big part of smartphone storage. But 5G is expected to power a rebound in smartphone sales, thus driving up demand and revenue for Micron.
And with a fresh supply license for Huawei — a blacklisted Chinese tech giant and the second-largest smartphone-maker in the world — Micron’s future is looking brighter every day.
The Bad: Über Scary Germans
Like Rammstein finding a “Swifty” at one of its concerts, a German high court banned Uber Technologies Inc. (NYSE: UBER) from operating in the country this morning.
According to the court, Uber is not licensed to provide transportation services with rental cars. Rental cars?
Due to German law, Uber must work with existing taxi-style services in the country. In 2015, Germany banned Uber from matching up private drivers with passengers, citing German transportation laws. This time, the court said that Uber’s workaround of using car rental services violated competition rules.
Clearly, Germany is a complicated place to operate a taxi-style service. But it is the largest economy in Europe, so Uber is considering appealing the ruling or suing the court outright.
This is the second such setback for Uber in Europe. Last month, London revoked Uber’s operating license in the city, claiming a risk to passengers.
Those self-driving cars can’t come fast enough for Uber. It is still working on them, right?
The Ugly: The Peloton Plunge
I hope the view from those large bay windows is a nice one, because Peloton Interactive Inc. (Nasdaq: PTON) investors are going to need something pleasant to look at.
A second hedge fund has come out of the woodwork to pan the exercise bike company. Last week, Citron Research’s Andrew Left set a price target of $5 per share on Peloton. Ouch.
This week, Hedgeye Risk Management issued its own bearish warning. Co-founder Brian McGough tweeted that the company “should never have gone public, or picked the wrong strategy.”
According to McGough, Peloton’s true valuation is in the $2 billion to $4 billion range, not the roughly $9.5 billion valuation it currently sports. At that valuation, PTON would be trading closer to $7 to $14 per share — 55% below the stock’s current trading range.
Left and McGough aren’t alone in their bearish stance on the company. According to Bloomberg, about 70% of PTON shares available for public trading are sold short.
If this bearish duo is right, PTON investors are in for a world of hurt when PTON’s post-IPO lockup period ends in March.
You know the drill.
You Marco, we Polo.
It’s Reader Feedback time!
Great Stuff readers never cease to amaze me with their random pop culture knowledge. I honestly didn’t know that there were this many Savage Garden fans out there. David K. wrote:
You forgot “do,” but that’s OK. Do really want to bathe in the sea? You just have to shower afterwards. Anyway, I look forward to your garden of savage comments about investing and the economy.
“Garden of savage comments” … I like that. I might have to steal it. And why not bathe in the sea? There are already plenty of sponges there. Just imagine how deep the ocean would be without sponges!
Thanks for writing in, David! I’m glad you’re enjoying Great Stuff.
Y’all also have lots of predictions for next year. Some are good, like this one from Richard W.:
I believe 2020 will be better than the negative Nancies say or think. Roku is a winner. Their box in TVs, EU penetration, DIS, Apple, will go thru ROKU. It is easy, cheap and it works. CRWD will be the second winner of 2020. They have a moat that is unrealized yet. They have many platforms for whatever you want. It is so simple to incorporate. Many rave reviews. Long ROKU CRWD.
And some are not so good, like this one from Gordon F.:
I saw a chart recently that showed how the stock market has risen in lock-step with expansion of the Fed balance sheet, so as long as the balance sheet keeps expanding, so goes the theory, the market should continue rising.
But I also imagined an image of a chart that shows the circumference of a balloon plotted against the amount of air blown into it. They also increase in lock-step until a certain point, at which the balloon pops and the circumference disappears or becomes meaningless.
At the moment, nothing appears likely to pop this balloon, but if and when it happens, it’s likely to be sudden, and everyone will be yammering about a black swan (unforeseeable, catastrophic, how could we have known, blah, blah, blah). I’m still in the market, but I also maintain positions that will (hopefully) protect me if the balloon does pop.
It’s no secret we’re fans of Roku Inc. (Nasdaq: ROKU) here. Richard is right on the money about it being the real winner in the streaming wars. We’re also fans of CrowdStrike Holdings Inc. (Nasdaq: CRWD). However, the end of the post-IPO lockup period could be a bit volatile for early investors. Remember to be careful on this one.
As for popping balloons, well … that always happens at the end of the party, doesn’t it? But Gordon brings up an excellent point that we’ve harped on repeatedly here at Great Stuff. That point is: You need to be prepared.
You can invest in all the Rokus, CrowdStrikes and Pelotons you want, but don’t let them make up the majority of your portfolio … especially if you’re in retirement.
Always remember: Gains are good, but protection and caution are golden.
Until next time, good trading!
Regards,
Joseph Hargett
Great Stuff Managing Editor, Banyan Hill Publishing
0 notes
Text
ACC 561 FINAL EXAM – LATEST 2019
To purchase This Complete A+ Tutorial Click The Link Below
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ACC 561 Final Exam – Latest 2019
The investigation of materials price variance usually begins in the:
controller’s office.
accounts payable department.
first production department.
purchasing department
Hollis Industries produces flash drives for computers, which it sells for $20 each. Each flash drive costs $13 of variable costs to make. During April, 1,000 drives were sold. Fixed costs for March were $2 per unit for a total of $1,000 for the month. How much is the contribution margin ratio?
35%
25%
75%
65%
Which of the following statements is not true?
When a company’s sales revenue is decreasing, high operating leverage is good because it means that profits will decrease at a slower pace than revenues decrease.
When a company’s sales revenue is increasing, high operating leverage is good because it means that profits will increase rapidly.
Companies that have higher fixed costs relative to variable costs have higher operating leverage.
Operating leverage refers to the extent to which a company’s net income reacts to a given change in sales.
Which of the following will not result in an unfavorable controllable margin difference?
Sales under budget; costs under budget
Sales exceeding budget; costs under budget
Sales under budget; costs over budget
Sales exceeding budget; costs over budget
5
Based on the following data, what is the amount of working capital?
Accounts payable………………………………………………………..$64,000
Accounts receivable……………………………………………………..114,000
Cash………………………………………………………………………. 70,000
Intangible assets…………………………………………………………100,000
Inventory…………………………………………………………………. 138,000
Long-term investments…………………………………………………..160,000
Long-term liabilities……………………………… ………………………200,000
Short-term investments……………………………………………………80,000
Notes payable (short-term)………………………………………………..56,000
Property, plant, and equipment………………………………………..1,340,000
Prepaid insurance…………………………………………………………….2,000
$370,000
$332,000
$326,000
$284,000
6
Miller Manufacturing’s degree of operating leverage is 1.5. Warren Corporation’s degree of operating leverage is 3. Warren’s earnings would go up (or down) by ________ as much as Miller’s with an equal increase (or decrease) in sales.
2 times
4.5 times
1.5 times
1/2 times
7
What is the primary difference between a static budget and a flexible budget?
The static budget contains only fixed costs, while the flexible budget contains only variable costs.
The static budget is prepared only for units produced, while a flexible budget reflects the number of units sold.
The static budget is constructed using input from only upper level management, while a flexible budget obtains input from all levels of management.
The static budget is prepared for a single level of activity, while a flexible budget is adjusted for different activity levels.
8
Ben Gordon, Inc. manufactures 2 products, wheels and seats. The company has estimated its overhead in the assembling department to be $660,000. The company produces 300,000 wheels and 600,000 seats each year. Each wheel uses 2 parts, and each seat uses 3 parts. How much of the assembly overhead should be allocated to wheels?
$165,000
$220,000
$264,000
$282,856
9
Financial and managerial accounting are similar in that both:
produce general-purpose reports.
deal with the economic events of an enterprise.
have reports that are prepared quarterly and annually.
have the same primary users.
10
It costs Garner Company $12 of variable and $5 of fixed costs to produce one bathroom scale which normally sells for $35. A foreign wholesaler offers to purchase 3,000 scales at $15 each. Garner would incur special shipping costs of $1 per scale if the order were accepted. Garner has sufficient unused capacity to produce the 3,000 scales. If the special order is accepted, what will be the effect on net income?
$6,000 decrease
$9,000 decrease
$6,000 increase
$45,000 increase
11
Which one of the following is an example of a period cost?
A manager’s salary for work that is done in the corporate head office.
A box cost associated with computers.
A change in benefits for the union workers who work in the New York plant of a Fortune 1000 manufacturer.
Workers’ compensation insurance on factory workers’ wages allocated to the factory.
12
The Mac Company has four plants nationwide that cost $350 million. The current fair value of the plants is $300 million. The plants will be reported as assets at:
$300 million.
$350 million.
$600 million.
$700 million.
13
Are advanced receipts from customers treated as revenue at the time of receipt? Why or why not?
Yes, the intent of the company is to perform the work and the customer is confident that the services will be completed.
No, the amount of revenue cannot be adequately determined until the company completes the work.
Yes, they are treated as revenue at the time of receipt because the company has access to the cash.
No, revenue cannot be recognized until the work is performed.
14
Which statement is correct?
The cash basis of accounting is objective because no one can be certain of the amount of revenue until the cash is received.
As long as management is ethical, there are no problems with using the cash basis of accounting.
As long as a company consistently uses the cash basis of accounting, generally accepted accounting principles allow its use.
The use of the cash basis of accounting violates both the revenue recognition and expense recognition principles.
15
If a plant is operating at full capacity and receives a one-time opportunity to accept an order at a special price below its usual price, then:
the order will likely be accepted.
only variable costs are relevant.
the order will likely be rejected.
fixed costs are not relevant.
16
Kimble Company applies overhead on the basis of machine hours. Given the following data, compute overhead applied and the under- or overapplication of overhead for the period:
Estimated annual overhead cost $1,600,000
Actual annual overhead cost $1,575,000
Estimated machine hours 400,000
Actual machine hours 390,000
$1,560,000 applied and $15,000 underapplied
$1,560,000 applied and $15,000 overapplied
$1,600,000 applied and $15,000 overapplied
$1,575,000 applied and neither under- nor overapplied
17
Scorpion Production Company planned to use 1 yard of plastic per unit budgeted at $81 a yard. However, the plastic actually cost $80 per yard. The company actually made 3,900 units, although it had planned to make only 3,300 units. Total yards used for production were 3,960. How much is the total materials variance?
$3,960 F
$48,600 U
$900 U
$4,860 U
18
Which of the following statements concerning users of accounting information is incorrect?
Present creditors are considered external users.
Taxing authorities are considered external users.
Regulatory authorities are considered internal users.
Management is considered an internal user.
19
Top management notices a variation from budget and an investigation of the difference reveals that the department manager could not be expected to have controlled the variation. Which of the following statements is applicable?
Department managers should be credited for favorable variances even if they are beyond their control.
Department managers should be held accountable for all variances from budgets for their departments.
Department managers’ performances should not be evaluated based on actual results to budgeted results.
Department managers should only be held accountable for controllable variances for their departments.
20
Danner Corporation reported net sales of $650,000, $720,000, and $780,000 in the years 2016, 2017, and 2018, respectively. If 2016 is the base year, what percentage do 2018 sales represent of the base?
120%
83%
20%
108%
21
La More Company had the following transactions during 2016:
Sales of $9,000 on account
Collected $4,000 for services to be performed in 2017
Paid $3,750 cash in salaries for 2016
Purchased airline tickets for $500 in December for a trip to take place in 2017
What is La More’s 2016 net income using accrual accounting?
$9,250
$9,750
$5,250
$5,750
22
If there are no units in process at the beginning of the period, then:
the units started into production will equal the number of units transferred out.
the company must be using a job order cost system.
the units to be accounted for will equal the units transferred out and the units in process at the end of the period.
only one computation of equivalent units of production will be necessary.
23
Which of the following is not an underlying assumption of CVP analysis?
Sales mix is constant.
Beginning inventory is larger than ending inventory.
Cost classifications are reasonably accurate.
Changes in activity are the only factors that affect costs.
24.
In performing a vertical analysis, the base for sales revenues on the income statement is:
net sales.
cost of goods available for sale.
sales revenue.
net income.
25
Differences between a job order cost system and a process cost system include all of the following except the:
unit cost computations.
flow of costs.
documents used to track costs.
point at which costs are totaled.
26
Henson Company began the year with retained earnings of $380,000. During the year, the company recorded revenues of $500,000, expenses of $380,000, and paid dividends of $40,000. What was Henson’s retained earnings at the end of the year?
$460,000
$540,000
$840,000
$500,000
27
At September 1, 2017, Baxter Inc. reported Retained Earnings of $423,000. During the month, Baxter generated revenues of $60,000, incurred expenses of $36,000, purchased equipment for $15,000 and paid dividends of $6,000. What is the balance in Retained Earnings at September 30, 2017?
$24,000 credit
$423,000 debit
$426,000 credit
$441,000 credit
28
An activity-based overhead rate is computed as follows:
estimated overhead divided by actual use of cost drivers.
actual overhead divided by estimated use of cost drivers.
estimated overhead divided by estimated use of cost drivers.
actual overhead divided by actual use of cost drivers.
29.
Which is the last step in developing the master budget?
Preparing the cash budget
Preparing the cost of goods manufactured budget
Preparing the budgeted balance sheet
Preparing the budgeted income statement
30
The entry to record the acquisition of raw materials on account is:
Manufacturing Overhead Raw Materials Inventory Accounts Payable
Work in Process Inventory Accounts Payable
Raw Materials Inventory Accounts Payable
Accounts Payable Raw Materials Inventory
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Text
Short Reviews – Joe Carson’s Weapon, by James R. Adams
Joe Carson’s Weapon appeared in the Spring 1945 issue of Planet Stories. It can be read here at Archive.org
Joe Carson’s Weapon may be about the most PoMo thing I’ve read in Planet Stories.
A kid writes into his favorite sci-fi pulp magazine and a pair of Martians whose orders are to take over the earth take the kid’s letter at face value.
While it definitely wasn’t my thing, there were some pretty good laughs to be had on this one. The best part, perhaps, is the nearly page length “letter” to the editor that Joe Carson sends in, which absolutely captures the very essence of the most egregiously banal letters that ended up being printed in the pulps. The adventure itself is practically proto-Aqua Teen Hunger Force with the Martians being completely daft and incompetent while complimenting one another on their superior intellects or saying deliciously comic self-congratulatory stuff like “Yes, we are truly martyrs. My only regret is, I have but nine tentacles to give for my species.” (Try not reading that in Oglethorpe the Plutonian’s voice.)
As a perfect lead-in to next week’s Retro-Fandom Friday, I’m including the entirety of Carson’s “Letter” (oh, my God, Adams nails how some of these letter writers write), but it might behoove you to check out the whole story:
Ye Humble Ed:
Once again the keeper has negligently left my door unlatched and I slyly crawl from my cage, drawn by one, irrevocable purpose. Glancing hither and yon, to make sure I am unobserved, I dash to the fence and clear it with a prodigious leap that carries me half way to the corner drug-store.
Snatching a tricycle from a gawking kid, I push his face in the mud and pedal furiously the remaining distance to the store. Leaping off, I rush in and batter my way through the screaming throng, shouting imprecations at all who stand in my way.
Panting with exhaustion, I at last reach my goal and clutch it to my breast. The crowd surges forward and frantic hands grab at my prize.
“It’s mine! All mine!” I shout in their faces. “No one can take it from me!”
Galloping madly from the store I race swiftly across yards and up alleys, quickly losing the howling mob in the distance. Squatting under a street-lamp, I sneak a triumphant look at the treasure. What is it? Yep, you guessed it—Galactic Adventures!1
But—shades of Major Mars!—what is that horrible monstrosity on the cover? A BEM, no less…an abominable, wretched BEM. Why, oh why, can’t we have at least one different cover painting? Wesley is no good. Get Marlini or Sidney to do the covers. I don’t mind a BEM now and then, but a steady diet of them soon palls on the palate. (Heh heh.) All joking aside, your covers are terrific.2
Now we come to the task of rating the stories. Only one stands out in my mind as being of excellent quality. I refer to Arthur M. Ron’s super-epic, The Infinite Finite. The other stories paled into insignificance in comparison to this classic. More power to Ron! Percival’s Puissant Pulverizer and Nothing is Something follow Ron’s story in that order. The rest are not worth mentioning.3
The interior illustrations are somewhat better than the cover, although, for the most part, they are inaccurate and do not follow the themes of the stories. Ye gods! Can’t your artists read? So much for the art, which wasn’t so much.4
Say! What does that jerk, The Amphibious Android, mean by calling me a “mere child”? His assertion that I’m but a youth of fifteen is a good way off the beam. I’ve been reading Galactic Adventures for the past eight years and I was nine years old when I picked up my first copy, so figure it out for yourself. A jug of sour zeni to him. May fire burst out in his s. f. collection and utterly destroy it. No! I retract that. That’s too horrible a fate, even to visit upon The Amphibious Android. Let him wallow in his ignorance. I, The Super Intellect, will smile down on him and forgive him his sins.5
That’s an interesting letter from Charlie Lane. The Miserable Mutant has propounded an amazing theory that has set me to wondering. Perhaps G. A. can induce one of its authors to work this theory into a story. I’m reserving my four wooden nickels right now for the tale, if it is written. I’ll even suggest a title—Those Who Are Froze In The Cosmos. How’s that? Well, I didn’t like it either.6
Once again I tear my hair and roar: GIVE US TRIMMED EDGES!7 Ye Ed must know by now that the majority of fandom is in favor of trimmed edges. As it is, one comes suddenly to the most interesting part of a story, at the very bottom of a page and spends several moments feverishly attempting to gain a hold on the ragged edge and go on to the next passage. By the time he has accomplished this, he is a raving lunatic, a martyr to trimmed edges. I am not a crusader, as is The Misled Biped, but I insist on seeing justice done.
As a whole, this is a fair issue. I might even call it good, if it were not for the artwork and stories. Ron’s epic will live forever in my mind, although its ending was rather weak and it could have developed into a more powerful tale by having the Slads all die in the Inferno.8
I enter my plea for longer stories. A long novel by M. S. Jensen would be appreciated. His last, Dr. Higbaum’s Strange Manifestation, was a gem. On the other hand, short stories are not without merit and good old G. A. wouldn’t be the same without them. I believe the story policy had best remain as is.
Give Higgins a rest. His yarns are rapidly degenerating into hack, with only four out of the last five meeting with this reader’s approval. I don’t like to be finicky, but it seems like he isn’t contributing his best material to G. A.
Well, this missive is growing to huge proportions and I would like to see it in print, so I’d better sign off.
Oh, yeh, almost forgot to comment on the departments. They are all good, with The Reader’s Opinion being the most interesting.9 Ye Ed’s ruminations come in for a close second. Do not change the departments in any way, although the quiz and the Strange Phenomena feature could be discontinued, without any great loss.
Before I close, I wish to make a revelation which will rock the world. Yes, Ed, I have a secret weapon! Nothing can stand against this terrible invention and, with it, I could even destroy Earth, with Mars and Pluto thrown in for good measure. Beware, Ed, lest you arouse my ire and cause me, in my wrath, to unleash this vast force upon helpless, trusting mankind.
Having read G. A. from cover to cover, I crawl back into my cage, drooling with delight. Prying up a loose stone in the center of the floor, I tenderly deposit the mag among the other issues of my golden hoard. Replacing the stone, I sigh contentedly and manipulate my lower lip with two fingers to indicate complete satisfaction. See you next issue!
Joe Carson
The Super Intellect
1. It was not uncommon for letters to begin with flash fiction (often sci-fi-themed) accounts of acquiring the latest issue, ranging from “So, I plunked my two dimes down at the newsstand…” to full-overblown stuff along the lines of the above. Adams really nails how bad many of these are.
2. Covers and quality of the covers were a frequent topic of discussion in Vizigraph. I do think that a lot of writers had justifiable complaints against several of Planet’s early-mid 40s artists, Parkhurst in particular, who, while he did do some good work now and then, had some pretty lousy compositions. Additionally, there was always the debate on whether the girls were too scandalous or not scandalous enough, or the fan who’d quip about the need to hide the front cover… not because of the dame but because of how embarrassingly bad they though Parkhurst’s cover was. Though it was clear that most of his iconic pieces were all based off the same handful of reference photos, Allen Anderson’s run was much better quality and much better received than Parkhurst’s.
3. Obvious joke titles aside, this could be word-for-word cropped from a real letter.
4. More frequent complaints about the interior illos. By the late 40s, the art was jibing with the stories a bit better, there was often a strange contradiction of tone when you’d get a hardboiled SF Noir story paired with Doolin’s illustrations of Flash Gordon silly hats and underwear on the outside.
5. SF Fandom has always been terrible, and letter cols were filled with this kind of stuff…
6. …which often had context lost as they referred to stories and letters from previous issues.
7. A big deal.
8. This and the next paragraphs are fairly characteristic of the unhelpfully contradictory feedback usually included in reader letters.
9. Oddly enough, Planet did get several letters saying that the Letters section was the only part worth reading. Imagine only reading a pulp zine for the yahoos writing in to complain about things! Part of the ostentatiousness of the letters, however, was almost certainly the result of the quarterly competition in which letter writers could vote on their favorite letters, with the top three vote-getters getting a shot at original pieces of interior art-work.
Short Reviews – Joe Carson’s Weapon, by James R. Adams published first on http://ift.tt/2zdiasi
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