How to apply gradients to text or object in Flash

• Go to file
• Select New
• Choose OK
• Type text using 'Text' tool
• Click outside the text
• Right click on text and select 'Break Apart'.

• Do one more time, right click on the text and select 'Break Apart'.
• You will see like;

• In color panel you will see 'TYPE' 
• Choose 'Linear'

• To change or delete color hold that button and drag outside.
• Like in text you can apply gradient in different shapes like oval or rectangle.