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To apply paragraph formatting to text within an object in PowerPoint, first click the object's border to select it in object editing mode. Note that some formatting options like increase and decrease indent may not be available in this mode. Alternatively, click into the text within the object to enter text editing mode, then select the paragraphs you want to format by clicking and dragging. Once selected, click the desired formatting buttons in the paragraph button group on the home tab of the ribbon. Hover over buttons for screen tips on their functions, and use drop-down arrows for additional options. You can get the complete tutorial for free at forward slash free.