If you want the object to follow a curved path to a specific point rather than travel a fixed distance it can be tricky using bullet.
This method will ensure the object passes through the mouse click:
dropbox.com/s/sp4npl259hcudia/parabola.capx
In the demo "to point" will stop the object at the mouse click, whereas "continuous" will keep it going until it hits the ground.
(credit to R0J0hound)