Trending October 2023 # Examples Of Solvency Ratio With Step By Step Calculation # Suggested November 2023 # Top 17 Popular | Benhvienthammyvienaau.com

Trending October 2023 # Examples Of Solvency Ratio With Step By Step Calculation # Suggested November 2023 # Top 17 Popular

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Definition of Solvency Ratio

The term “solvency ratio” refers to the liquidity ratio that measures the ability of a company to pay off its entire liabilities by using the internal cash accrual generated from the business. In other words, it indicates whether the cash flow of the company will be sufficient to cover its short-term and long-term liabilities or whether it will default.

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The higher the value of the SR, the better the company’s liquidity position, while a lower value indicates a greater probability of default on its debt obligations. As such, the SR is extensively used by both existing and prospective lenders or investors to assess the ability of a company to pay off its debts or other obligations.

The formula for the solvency ratio can be derived by dividing the summation of net income and non-cash charges (like depreciation & amortization) by the summation of total short-term and total long-term liabilities. The numerator of the expression is akin to net cash accrual. Mathematically, the SR is represented as,

Solvency Ratio = (Net Income + Non-Cash Charges) / (Total Short Term Liabilities + Total Long Term Liabilities)

Although the value of the SR is expected to differ for industries, however, there is a thumb rule that a value of more than 20% is indicative of the company’s financial soundness.

Examples of Solvency Ratio (With Excel Template)

Let’s take an example to understand the calculation of the SR in a better manner.

You can download this Solvency Ratio Excel Template here – Solvency Ratio Excel Template

Example – #1

Let us take the example of two companies (Company X and Company Y) operating in the same industry, wholesale grocery. Now the current year’s financial information is available for both companies: Based on the given, calculate which company has a better solvency ratio in the current year.

Solution:

Solvency Ratio is calculated by using the formula given below

Solvency Ratio = (Net Income + Depreciation & Amortization) / (Short Term Liabilities + Long Term Liabilities)

 For Company X

SR = ($3,000 + $1,500) / ($2,000 + $10,000)

SR = 37.5%

 For Company Y,

SR = ($5,000 + $4,000) / ($10,000 + $9,000)

SR = 47.4%

Therefore, Company Y has a better SR than Company X in the current year.

Example – #2

Solution:

Solvency Ratio = (Net Income + Depreciation & Amortization) / (Total Current Liabilities + Total Non-Current Liabilities)

SR = ($59,531 Mn + $10,903 Mn) / ($116,866 Mn + $141,712 Mn)

SR = 27.2%

Therefore, Apple Inc.’s SR stood at 27.2% for 2023.

Source: Apple Annual Reports (Investor Relations)

Example – #3

Solution:

Total Non-Current Liabilities is calculated as

 Total Non-Current Liabilities = Long-Term Debt + Long-Term Capital Lease and Financing Obligations + Deferred Income Taxes and Other

 Total Non-Current Liabilities = $30,045 Mn + $6,780 Mn + $8,354 Mn

 Total Non-Current Liabilities = $45,179 Mn

Solvency Ratio = (Net Income + Depreciation & Amortization) / (Total Current Liabilities + Total Non-Current Liabilities)

SR = ($10,523 Mn + $10,529 Mn) / ($78,521 Mn + $45,179 Mn)

SR = 17.0%

Therefore, Walmart’s SR stood at 17.0% for the year 2023.

Advantages

The ratio captures how well the net cash accrual from the business can cover its liabilities.

The ratio helps compare companies’ liquidity positions in the same industry.

The ratio may be influenced by an unusually high proportion of earnings from a business that is not the core operation

The ratio ignores the other major sources of liquidity like cash, marketable securities, etc., which should primarily cover long-term liabilities. As such, an entity with poor cash management and high receivables may have a better solvency ratio due to high net income from rising credit sales.

Conclusion

The solvency ratio is a useful liquidity measure that assists existing and prospective creditors or investors in assessing a company’s financial health. However, it is important to exercise caution when using this metric due to the potential impact of certain accounting methods, such as revenue recognition on an accrual basis. It is essential to consider the specific accounting practices employed by the company to ensure a comprehensive and accurate evaluation of its solvency position.

Recommended Articles

This is a guide to the Solvency Ratio. Here we discuss how SR can be calculated with its formula with examples and a downloadable excel template. You can also go through our other suggested articles to learn more –

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How To Make A Shadow In Photoshop (Step By Step)

Sometimes an image lacks a proper shadow when combining photos or creating a new background in Photoshop. So you end up needing to create a shadow from scratch.

Adding shadows to images is not a straightforward task because there are different types of shadows. You also need to consider where the light source comes from in the photo. If you are adding a subject to a new background, remember to look for indications of where the light source is by looking for existing shadows.

With that said, even if you are new to creating shadows in Photoshop, the 10 steps below will help guide you through the process.

Step 1: Prepare Your Subject On The New Background

If you want to place a subject on a new background, you need to remove it from its current background and then place it on the new image. If you want to add a shadow to the existing background because of a lighting problem, it’s still a good idea to isolate your subject on a separate layer so you can add the shadow slightly beneath the subject.

There are many ways to remove a background, but the best method is using the Select Subject button, which is available in the Options bar when the Object Selection Tool is active and then using a layer mask to hide the background.

You can clean up the selection in the Select and Mask workspace if needed. You should also make sure your subject blends into the surrounding areas of the new area with various adjustment layers to prepare the image for the added shadow.

Once your subject is ready for the new background, you can start with the shadow-adding process.

Step 2: Determine The Direction Of The Light Source

When adding a subject to a new image, you must check where the new light source is coming from. Sometimes, it will be evident if you can see the sun or a light source in the image. However, in other cases, you will need to look for clues as to where the light is coming from.

While my image has a prominent light source, the sun, I can still show you how to look for clues. Take note of any other shadows in the image and follow their direction to determine where to place the subject’s shadow.

In this image, the posts create shadows, and I can copy the general direction when adding the subject’s shadow.

You also need to consider what type of shadow you add since there are various types.

Understanding Cast Vs. Form Shadows

The two main types of shadows you might add to a photo are cast and form shadows. The kind of shadow you need to add is determined by the strength, direction, and distance of the light source. It also depends on how many light sources are present.

A cast shadow is a shadow that appears on the floor, wall, or other objects around your subject. Form shadows are the different shadows that appear on the subject itself, such as a person’s arm creating a shadow on their body.

If you have placed a subject on a new background with a new light source, you must consider correcting any form shadows on the subject. However, the prominent shadow is the cast shadow that appears along the ground or any objects around the subject.

Here, I am showing you how to create a cast shadow on the ground.

Step 3: Determine The True Shadow Color Using Existing Shadows

Before creating the shadow, it’s a good idea to determine what the actual color of the shadow should be. You can find this color using the shadows already in the photo’s background.

Some people may think that shadows are completely black or a shade of gray, but this isn’t the case. Most shadows have different hues, such as tints of blue or brown.

To find the correct color for the shadow, look at an existing shadow close to the subject. In my image, you will notice that the shadows in the distance are much lighter than the shadows next to the subject, so I want to match the shadows in the foreground.

To select the shadow color, select the Eyedropper Tool (I) from the Toolbar. 

Leave the foreground color as it is, as you will use it in the next step.

Step 4: Create A Solid-Filled Copy Of The Subject

The first step is to create a copy of your subject as a solid fill. This copy will be used as the base of the shadow. To create the copy, make a selection around your subject again. You can use any selection tools for this, or if you have cut out your subject from the background, you can easily select it from the Layers panel.

The new layer is automatically added underneath the selected layer. Rename the new layer to “Shadow” to keep track of the layers.

Now, with the Shadow layer selected and the selection still around the subject on the canvas, press Alt + Backspace (Win) or Option + Delete (Mac) to fill the selection with the foreground color. You should have already added the correct shadow color to the foreground swatch.

You won’t notice any change on the canvas as the new layer is hidden, but you will see the fill added in the Layers panel.

Step 5: Flip The Shadow And Move It Into Position

Deselect the subject by pressing Control + D (Win) or Command + D (Mac). 

You now need to place the shadow correctly by flipping it and moving it down. 

Step 6: Correct The Angle And Perspective Of The Shadow

The next step is to fix the shadow’s angle and perspective. If the light source comes from an angle, your shadow must match that angle. Again, you need to look at the nearest shadows already present in the photo to guide you.

Also, shadows aren’t carbon copies of the subject and are usually distorted because of the distance between the light source and the object it’s seen on.

You can correct both these instances using the Free Transform function. Keeping Free Transform active from the previous step, you can continue to angle and distort the shadow.

For my shadow, I pulled the bottom left anchor to the left and the top right anchor to the left. You can use this as a guide, but you should distort the shadow to match your image, using lines and other shadows in the image as examples.

Remember that you will likely be working off the canvas, so zoom out of the image using Control + – (Win) or Command + – (Mac) to see all the anchor points.

Press Enter or the checkmark in the Options bar to accept the changes you’ve made.

Step 7: Blend The Shadow Into The Image Using The Multiply Blend Mode And Opacity

The shadow I’ve added is too bold at this point, and shadows are usually blurry and slightly transparent. To correct this, I will blend the shadow into the background using two functions in the Layers panel.

First, select the Shadow layer and then use the drop-down menu next to Normal to change the Blending Mode.

From the list of Blend Mode options, choose Multiply.

Then, lower the opacity of the layer using the Opacity slider. Try to match the opacity of the surrounding shadows, but generally, you shouldn’t go too low. Typically between 65% and 85% is best.

The shadow should look lighter and more blended with the background at this point.

Step 8: Blur The Shadow Using Gaussian Blur

Now that your shadow is the right color and at the correct angle, you can blur it to create the fuzzy look that shadows often have. The amount of blur you need on your subject depends on the light source in the image.

Strong light sources typically cause well-defined shadows, and as the light source weakens, the more blurred the shadow becomes. If you don’t have existing shadows in your photo, work out how close and intense the light source is by how well-lit the scene is.

If you have existing shadows, as I do, use these to guide how blurry your added shadow should be.

In the Gaussian blur window, check the box next to Preview to view the changes on the canvas. Then move the Radius slider to the right to add a blur to the shadow. Watch the blur changes on the canvas and use the other shadows as a guide. A Radius of about 4.5 pixels is good for my image.

Step 9: Add A Contact Shadow (Optional)

Usually, shadows are much darker where the subject meets the ground, and if you want, you can add in the darker spots on your shadow. To add the contact shadow, add a new layer to your document below the existing shadow layer using the add new layer icon and rename it to Contact Shadow.

Next, select the Brush Tool (B) from the Toolbar and ensure that the foreground color is still set to the shadow color you chose earlier.

Zoom into the image to see where the subject touches the ground using Control + + (Win) or Command + + (Mac). Then resize the brush using [ to decrease the size and ] to increase the size. You want the brush size to be relatively small.

Use the brush to paint a darker shadow on the point of contact, keeping the brush as close to the subject as possible. Remember that the new layer is hidden below the subject layer, so if you brush over parts of the subject, the color won’t show on the subject. You should now have a darker area where the contact is.

Step 10: Add A Gradient Layer Mask To The Shadow

Most shadows get lighter the further it is away from the subject. You can add a gradient to the layer mask to add a faded effect to the shadow.

Next, select the Gradient Tool (G) from the Toolbar and change a few settings in the Options bar.

Use the Gradient preset drop-down menu to select a basic black-to-white gradient, then set the Gradient to Linear, which is the first icon next to the preset menu. Keep the Mode at Normal and the Opacity at 100%.

Now, move to where the shadow sits off the canvas. Then, draw a line from the hidden shadow toward the visible shadow.

You can now see how the shadow begins to fade as it gets further away from the subject. You can make the fade as strong or subtle as you like.

You will now have a realistic shadow added to your image. If you need to, you can go back and fine-tune any areas, such as adding more blur to the shadow or darkening the contact shadow.

Before After

While combining photos is unnatural, it’s always important to keep them as realistic as possible (unless your aim is to create unrealistic pictures). Adding a shadow can make a composite image look more natural as if you took the photo just like that. In my example, you can see the woman looks as though she is floating without the shadow. When the shadow is added, she looks like she is standing on the dock.

If you enjoyed learning how to make a shadow in Photoshop, try it out yourself. To further distort images, you can use this technique along with the Puppet Warp Tool to add subjects to any background in almost any position.

How To Level A Ball Head Tripod – Step By Step

How To Level A Ball Head Tripod

To level a ball head, you need to use the bubble levels on your tripod. After the tripod’s base is securely set up, use the levels on your head to balance the camera and create a level image. Adjust the head until the bubble sits perfectly between each leveling line.

Now, if you need a little more information than that, you’ll love the next section. Let’s go over the step by step process of leveling a ball head tripod from square one.

Step 1: Level The Base Of Your Tripod

Before you start working on the ball head, you need to start at the base. The base of your tripod is essentially everything below the tripod head. From the legs to the center post, this section is crucial to level before anything else. After all, if you don’t have a level base, you’ll have a much harder time leveling the ball head later.

Once you’ve decided on a spot you want to set up the tripod, take note of any high or low points of the ground. Especially when you’re shooting on uneven terrain, one tripod leg might be a few feet longer than the other one. If you’re facing downhill, put two of the tripod legs on the downhill slope for the best support.

After an initial setup, look at the base’s bubble level and figure out which legs need to be extended or shortened. With a little bit of fine-tuning, the base’s bubble level will be perfectly centered. With a balanced base, you gain better weight distribution for a more stable tripod.

Step 2: Attach Your Camera And Find Your Composition

Some people might tell you to level a ball head before you attach a camera. To be blunt, this is a complete waste of time, but here’s why.

The reason you’re using a tripod in the first place is to set up a photo. There are a ton of different compositions you might be interested in looking at once you’ve attached your camera to the head. Rather than wasting your time and leveling beforehand, attach your camera and keep the ball head loose. That way, you can easily move your camera around until you find the exact shot you’re looking for.

After you’ve found the composition you like, lock the ball head, and start to consider what needs to be done for leveling.

Step 3: Level Your Ball Head Using The Bubble Levels

Since your tripod’s base is already perpendicular to the ground, you don’t need to worry about the tilt angle of your camera. Instead, you want to look at the horizontal axis of your frame. For example, if your photo’s right side is higher than the left, you’ll have a crooked horizon. The problem with these is they’re super distracting and a true sign of a newbie photographer. Rather than fixing it in post, it’s smarter to get it right in camera with your bubble levels.

Loosen the ball head and adjust the cameras horizontal (side to side) axis. You don’t need to worry about the up and down angle. Taking note of the bubble level on your tripod head, adjust the angle until the bubble sits between each leveling line. If you’ve done the job right, the bubble level will be perfectly centered, and you’ll have a straight horizon!

Step 4: Take The Photo!

Now that you’ve figured out how to level a ball head tripod, your photo is completely straight, and your tripod is secure. Go ahead and hit the shutter button to snap your photo!

Should You Always Level Your Tripod?

It’s easy to get lazy and stop leveling your tripod while in a rush. I’ve been there myself, and I’ve learned from experience that it’s always worth leveling. If your base isn’t quite level, you end up creating a headache for yourself as you search for different shots.

Rather than being perfectly level in all directions, you might end up level in only one direction. Having to constantly adjust your tripod gets annoying, but that can quickly be avoided by spending the time to level it properly.

Especially when it comes to horizons, leveling a ball head is super important. If you’ve taken a whole bunch of beautiful photos, but every horizon is crooked, you’ve just created a lot of work to do in post. Instead of having to straighten your photos in Lightroom, spend the extra time to level your tripod head and get a straight horizon. It not only saves time but also makes you look a lot more professional.

How Long Should It Take To Level A Ball Head Tripod?

It all depends on how comfortable you are with your tripod and how many times you’ve done it. At first, these steps to level a ball head might feel forced and a bit awkward. Since you’re learning something new, it takes a bit of time until it becomes muscle memory.

After you’ve spent some time with the leveling process, it becomes second nature. Before long, you can immediately judge how and where to best set up your tripod in just about any location.

Besides the actual process of leveling a tripod, the time it takes varies on different terrain. For example, you won’t be able to level a tripod as quickly on a mountainside versus a smooth concrete pad. If you’re in snow or sand, dealing with legs sinking can get to be time-consuming as well. The terrain is generally a big deciding factor on how long it takes to level a ball head tripod.

For a total beginner, this process might take around 1-2 minutes on average, especially in rough terrain.

If you’re more experienced and familiar with the process, it can be done in under a minute.

Learning how to level a ball head tripod is one of the more tedious but necessary skills of being a photographer. By spending a bit of time before you set up your camera, you’ll make the entire shooting process run a lot smoother.

– Brendan 🙂

How To Bevel & Emboss Text In Photoshop (Step By Step)

The bevel and emboss effect creates contrast between highlights and shadows, making elements appear as if they have come straight out of a 3D printer. In this tutorial you’ll see how to easily bevel and emboss text in Photoshop to create a unique text effect for any of your projects!

What Does Bevel & Emboss Mean In Photoshop?

In Photoshop, bevel and emboss are both ways to stylize elements. Despite being applied together in the software, they are different effects.

The bevel effect simulates the effect of raised or depressed edges similar to the borders of a coin after being cut out. 

On the other hand, the embossing process is similar to what factories use to produce stamps, plaques, and text in metal, wood, and other materials. The effect results in a design that appears printed on a surface and protrudes or recesses it depending on its application.

Both effects are digitally created in Photoshop by using light and shadow effects, giving elements where these effects are applied a 3D look.

How To Bevel & Emboss Text In Photoshop

Applying bevel and emboss to text in Photoshop is very simple. However, because many adjustments are involved in the process, you must know how to use the proper settings to achieve the desired effect. Luckily it can be done in just 5 steps.

Step 1: Create A New Document

First, you need to create a new document. You can use an image as a background, preferably a texture or a solid background.

Then you need to create some text.

Enable the Type Tool (T) from the Toolbar to create text.

Then go to the Options Bar and customize your text. In my case, I chose Basic Gothic Pro. The text color is irrelevant because it will be removed in the process.

Finally, add any text to the canvas.

Step 2: Reduce The Text Layer Fill To Zero Percent

Now, go to the Layers Panel, select the text layer, and turn the Fill down to 0%. You need to do this because your text will have shadows and highlights at the end of the process, so it will no longer have a solid color.

You can also create the bevel and emboss effect while keeping a solid color. However, when you put text against a background or image, the effect works best if the text doesn’t have color since transparent text blends more nicely with a background.

Your text will then vanish from the canvas. But don’t worry because the shape of the text reappears as you adjust settings.

Step 3: Open The Bevel And Emboss Menu

From the layer style panel, enable the Bevel And Emboss option.

Once you activate this option, several settings will appear for you to adjust and customize your Bevel And Emboss effect.

The settings for the Bevel and Emboss effect are divided into two categories: Structure and Shading. 

Basically, Structure is how the effect is formed.

 Shading has settings that control how light is used to create the bevel and emboss effect.

Step 4: Adjust The Structure Settings

The first option available in the Structure section is Style.

There are six options available, and each of these options changes the formation of the bevel.

Outer Bevel Inner Bevel

The Technique option lets you control how harsh or soft the bevel is perceived.

Chisel Hard Chisel Soft

Now it’s time to determine the Depth of the effect. That is, how detached the text looks from the background. 

Depth at 50 Depth at 500

Direction controls whether your text extrudes a surface or recedes it. Up makes the text extrude from the surface, and Down causes it to recede into the surface. 

Direction Up Direction Down

Size determines the size of the Bevel or how thick the edges appear.

Size at 10 Size at 73

The Soften setting applies a slight blur to the edges of the text.

Soften at 2 Soften at 14

Step 5: Adjust The Shading Options

Now, move on to the Shading category settings.

When you enable the Bevel and Emboss effect, Photoshop automatically adjusts shading and light to create such an effect. Luckily, you can always adjust these parameters manually in the Shading section.

In Angle, you change the direction light comes from to hit your text.

To change the angle, drag the little slider inside the angle circle to the direction you want or type in the desired value in the angle box.

This is especially handy when you want to match the light direction in a background image to the text.

See the difference the change of angle made in my image.

Angle Shading at 30º Angle Shading at 145º

When you activate Use Global Light, all light effects in your layer and all the other layers in the Layers Panel come from the same source. That way, highlights and shadows in a project work out harmoniously. 

Altitude is how close the light is to your object. Use lower angle values for more present light and higher values for distant light.

Altitude at 10º Altitude at 60º

Gloss Contour allows you to experiment with different highlight and shadow curves for your Bevel and Emboss effect. This can affect how dark or illuminated the effect appears.

Concave Gloss Contour Curve Rounded Steps Curve

The Contour Editor will then pop up with a curve for you to adjust.

Move this curve in the desired direction to change highlights and shadows. Moving the curve downwards increases shadows, and moving it upwards increases highlights.

Moving down the panel, you can find options to change highlight and shadow colors and adjust these parameters’ opacity.

By default, the highlight color is white, and the shadow color is black. However, you can set any color for highlights and shadows. This comes in handy when your text and background aren’t made of neutral colors.

In Highlight Mode or Shadow Mode, you can change the blend mode of the effect. Depending on the choice, the focus will be on the shadows or the highlights.

Highlight mode set to Linear Dodge (Add)

Shadow mode set to Darker Color

Adjusting the Opacity sliders can make highlights or shadows bolder or softer.

Highlight Opacity at 100% Shadow Opacity at 100%

By adjusting the above settings, you can create tons of different Bevel and emboss effects. For example, I created the effect below using the following settings. You can use the same values to recreate the same style if you want:

Chisel: Hard

Depth: 150

Direction: Up

Size: 10

Soften: 2

Angle: 70º

Altitude: 21º

Gloss Contour: Gaussian

Highlight Mode: Normal

Opacity of Highlight: 50%

Shadow Mode: Darker Color

Opacity of Shadow: 50%

Before After

Don’t hesitate to experiment with different settings to create unique results. You can also combine other Layer Style effects, such as Drop Shadow and Outer Glow, to make your final project even more interesting.

By following the instructions here, you can apply eye-catching bevel and emboss effects to text, shapes, and any other element you can think of in Photoshop. It’s a useful effect I often use to create various design pieces such as posters, flyers, and website elements.

Google Sheets Dropdown Chips: Step

Google recently introduced the new smart chips feature in Google Sheets that allows you to add dynamic information to your documents with relative ease. You can add locations, events, people, documents, and more to your documents using smart chips. Smart chips also introduced the ability to add and use “Dropdowns” smart chips in Google Sheets. Dropdowns smart chips allow you to create choices for any particular cell and then accept the required data accordingly.

You can create different rules depending on the data you wish to accept and even assign different colors to easily identify the choices. So if you want to make the most of this new Dropdowns smart chip in Google Sheets, we have the perfect guide for you. Let’s get started.

Related: How to Add a Drop-down List in Google Sheets [2023]

How to use Google Sheets Dropdowns chip

You can add and use the Dropdowns smart chip in Google Sheets using various methods. You can use a keyboard shortcut or various menu options to insert your smart chip. Once inserted, you can then use the next step to customize and finalize the smart chip according to your needs and requirements. Let’s get started.

Step 1: Add your Dropdowns smart chip in Google Sheets

Here are all the ways in which you can add a Dropdowns smart chip to your sheet in Google Sheets. Follow either section below, depending on the method you prefer. 

Method 1: Using the “@” symbol

This is by far the easiest and most efficient way to insert smart chips in Google Sheets. Follow the steps below to help you along with the process.

Visit chúng tôi in your browser and open the concerned sheet where you wish to add a Dropdowns smart chip.

Now press the @ symbol on your keyboard.

And that’s how you can use the “@” symbol to insert a Dropdowns smart chip in Google Sheets.

Method 2: Using the Insert menu

You can also use the Insert option in the menu bar to add a “Dropdowns” smart chip to your sheet. Follow the steps below to help you along with the process.

Visit chúng tôi in your browser and open the concerned sheet where you wish to add a Dropdowns smart chip.

Select Dropdown.

And that’s it! You will now have added a Dropdowns smart chip in your sheet in Google Sheets.

Method 3: Using Data validation

You can also add a Dropdowns smart chip using the Data validation option. This is the old way of inserting drop-down menus in Google Sheets. Follow the steps below to help you along with the process.

Visit chúng tôi in your browser and open the concerned sheet where you wish to add a Dropdowns smart chip.

Select Data validation.

And that’s it! A Dropdowns smart chip will be automatically inserted in the selected cell.

Visit chúng tôi in your browser and open the concerned sheet where you wish to add a Dropdowns smart chip.

Select Dropdown.

And that’s it! A Dropdowns smart chip will now be inserted in the selected cell.

Step 2: Customize and finalize your Dropdowns smart chip

We can now customize and finalize your smart chip according to your needs. Let’s create a status drop-down menu for tasks with different choices for this example. Follow the steps below to help you along with the process.

The range where the Dropdowns smart chip will be available will be shown on your right under Apply to range.

Select Dropdown (from a range) if the choices you wish to include exist in the sheet. This will allow you to select the range and automatically add them as your preferred choices.

You also get other parameters that will restrict the data selected and entered into the smart chip. You can choose the data to be entered based on Text, Date, Value, Checkbox, or a Custom formula.

As we wish to create a status drop-down menu, we will select Dropdown for this example.

Now choose your preferred color for the choice.

Now customize and add the text for your second option, as we did above.

Repeat the steps above to add any more choices that might be required in your smart chip.

Now choose the preferred behavior for the smart chip when invalid data is entered or selected.

Choose your preferred smart chip look under Display style. We have included a preview for each style below.

Chip

Arrow

Plain text

And that’s how you can add and use the Dropdowns smart chip in Google Sheets.

How to edit or remove the Dropdowns smart chip

Here’s how you can edit or remove the Dropdowns smart chip from your sheet in Google Sheets.

You can now edit the various parameters for the smart chip as needed.

And that’s how you can edit or remove the Dropdowns smart chip from your sheet in Google Sheets.

Can you add and use the Dropdowns smart chip in the Google Sheets mobile app?

Unfortunately, smart chips aren’t available in the Google Sheets mobile app. If you wish to use the Dropdowns smart chip or any other smart chip for that matter, then you will need to use the web app version of Google Sheets available on desktop devices.

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Customize Shapes In Google Docs: Step

Adding shapes in Google Docs can enhance your content in numerous ways. You can increase the legibility of your text, add accompanying graphics, explainers, and much more. We recently discussed how you could add shapes in Google Docs in three ways, using Drawings, images from web, and special characters. So you might wonder how you can customize and change the look of these shapes once they’ve been added. Well, we have the perfect guide for you. Use the post below to customize your shapes easily once they have been added to Google Docs. Let’s get started.

How to customize shapes in Google Docs

Here’s how you can customize shapes in Google Docs. The customizability of your shape will depend on the source you used to add your shape. Use the relevant section below depending on how you added your shape to customize it.

1. For Shapes inserted using the Drawing option

If you used the Drawing option to add your image, you can use the options below to manage your drawings in Google Docs.

Reposition

To reposition your image, you can use the following steps. Unfortunately, you can’t reposition your shape using a mouse unless you have existing characters in the area. You can simply create empty spaces using the Spacebar on your keyboard and then reposition your drawing using the mouse. However, you can also use the keystrokes mentioned below, which should be much easier unless you have a large document to work with.

Place your cursor before the image: This will allow you to control the image easily using keystrokes on your PC.

Enter: Press Enter/Return on your keyboard to move the image to the next line.

Spacebar: Use the Spacebar to move your image to the right in the current line.

Backspace: Use the backspace to move your image to the left in the current line.

Delete: You can use the delete key to move your image to the left in a line by placing your cursor at the start of a line. 

Resize

Resize using manual method

Resize using Image Options

Image options allow for more control by resizing your drawing using numerical values. This allows for better control over your shape size, especially if you wish to get it printed to exact sizes on paper. Use the steps below to use image options to resize your drawing in Google Docs.

Hover over Image and select Image options.

You can also select Image options from your toolbar.

Type in your preferred size in inches under Width and Height.

If you’re unsure about the size in inches, you can choose to use the scale options instead. This will allow you to resize the drawing from 100 in increments that you can gauge. You can enter the desired scaling values under Width Scale and Height Scale.

Additionally, you can also uncheck the box for Lock aspect ratio if you wish to freely resize the drawing.

Close Image options using the X icon once you’re done.

And that’s how you can resize the drawing using Image options in Google Docs.

Rotate

Unfortunately, you can’t rotate drawings in Google Docs using the native options available for general formatting. As you might have noticed, even though Image options offers the option for Size & Rotation, you can only control the size. Instead, to rotate your drawings, you will need to rotate and edit them in the Drawings canvas where you had created the drawing initially. Use the section below to edit your drawing and rotate it in the canvas.

Edit the original drawing

You can also edit the original drawing you used to create a shape and manipulate most aspects of it. This can come in handy if you wish to change the design over the course of creating your document. Use the steps below to edit an already-created drawing in Google Docs.

You can now use the options at the top in the toolbar to edit and create new shapes as needed, just like we did before.

Now hover over rotate and select one of the following options depending on what you wish to do.

Rotate clockwise 90°

Rotate counter-clockwise 90°

Flip horizontally

Flip vertically

And that’s how you can edit an already created drawing in Google Docs to edit your image later on.

Related: 3 Ways to Change Margins on Google Docs: Incl One-inch, Default and Locking the Margins

2. For Images and Icons

If you added shapes as images or icons, then here’s how you can manage these shapes in your document.

Reposition

Repositioning works pretty much similar to the way you would move your text around. Use the tips below to reposition your image in Docs.

Place your cursor before the image: This will allow you to control the image easily using keystrokes on your PC.

Enter: Press Enter/Return on your keyboard to move the image to the next line.

Spacebar: Use the Spacebar to move your image to the right in the current line.

Backspace: Use the backspace to move your image to the left in the current line.

Delete: You can use the delete key to move your image to the left in a line by placing your cursor at the start of a line. 

Additionally, as long as there is free space in your document, you can also use the mouse to reposition your image. However, this will only work in areas where alphabets, numbers, or spaces exist. If you wish to reposition your image using the mouse to an empty area in your document, then, unfortunately, that won’t work. You can workaround this issue by simply creating empty spaces in the area you wish to reposition your shape and then dragging it to that location.

Resize and rotate

You can resize and rotate shapes using two ways in Google Docs. You can use the corners and manually resize and rotate your image or use image options to dial in specific sizes and rotation values for your shape. Image options allow you to fine-tune your shape size and orientation. Use the steps below to help you resize your shape depending on the method you prefer. 

Resize and rotate manually

Here’s how you can resize and rotate your shape manually in Google Docs.

And that’s how you can manually resize and rotate your shape.

Resize and rotate using Image options

Here’s how you can use Image options to rotate and resize your shape in Google Docs.

Now enter the manual values for width and height under Width and Height. These values are in inches.

If you aren’t sure about the size in inches, you can choose to manually scale down or scale up the shape in percentages. Enter your preferred percentage under Width Scale and Height Scale.

You can also apply skew to your images by unchecking the option for Lock aspect ratio.

Similarly, enter the Angle value depending on much you wish to rotate your image.

Change color

You can change color and make adjustments to your shape using the Image options as well. Follow the steps below to help you change and adjust the color of your shapes in Google Docs. Follow the steps below to help you along the way.

You should be able to see recolor previews for your shape in real-time.

Note: If you’ve added shapes that aren’t colored or are just line drawings, then, unfortunately, you won’t be able to recolor them in Docs.

Use the slider for Transparency to adjust the opacity of your shape.

Similarly, use the sliders for Brightness and Contrast to adjust brightness and contrast for your shape as needed.

And that’s how you can change the color for your shapes in Docs.

Related: How To Use Comments and Actions in Google Docs

3. For Special Characters

Special characters are treated like alphabetical characters, so you can apply most formatting options available for text to special characters. This means you can change font size, bold, change color, and a lot more when using Special Characters as your shapes in Google Docs. You can use the following options to change and format your Special Character shapes as needed.

Change Size

You can simply change the font size to increase or decrease the size of your Special Characters. Follow the steps below to help you along the way.

Open the concerned document where you added a shape using Special Characters. Select the character in your document using the mouse or keyboard. Ensure that you don’t select any text, or else the size change will be applied to your text as well.

You can also manually enter size values using the text box in the middle.

And that’s how you can change the size of Special characters you’re using as shapes in Google Docs.

Change the look

You can also change the look of Special characters using the format options available for text. Though limited, these options should make it easier for you to make your shapes more prominent in the document.

Open the concerned document where you wish to change the look of Special Characters in Google Docs. Highlight the character using the mouse or keyboard.

Now you can Bold, Italicize and Underline your character using the options in the toolbar at the top.

Note: Some graphical characters with colors do not support some of these functions.

Similarly, you can also highlight the character using the Highlight icon.

Additionally, you can also change the alignment depending on how you wish to position the shape in your document.

And that’s how you can change the look of your Special Characters.

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