1) Right Click the image and select Image Properties
2) To change the Image Placement (how the text wraps around the image and where on the page you want the image) use the drop down menu. As you change it a preview will appear on the right hand side
3) Image Padding allows you to set the distance between the text and the image (measured in Pixels) This will also change in the preview section
4) Border will add a coloured border to your image. Changing the numeric value of the text box will increase or decrease the width of the border (measured in Pixels)
You can also change the colour by click the small colour box.
5) If you select the Meta Data tab you will see there are a few more options available to you:
6) To finish and add your image select Insert Image