We divide 506242 by 16
We want to figure out the number of times 506242 can be divided by 16.

Step 1:
16 can be fit into 5 0 times, resulting in a remainder of 5.
Record the quotient 0 as the next digit in the result. 
Result so far: 0.0
The remainder is 5 after subtracting 0 from 5.
Take the next digit (0) from the dividend and append it to 5, then repeat: 50 / 16

On to step 2:
If we divide 50 by 16, we get 3 and a remainder of 2.
Record the quotient 3 as the next digit in the result. 
Result so far: 3.0
The remainder is 2 after subtracting 48 from 50.
Bring next digit (6) of the dividend behind the 2 and repeat the process: 26 / 16

On to step 3:
The number 16 fits into 26 1 times, leaving a remainder of 10.
The next digit of our result is 1. 
Result so far: 31.0
The remainder is 10 after subtracting 16 from 26.
Grab the next digit (2) from the dividend, add it to 10, then carry on: 102 / 16

Advancing to step 4:
102 divided by 16 is 6 with a remainder of 6.
Use 6 as the next digit of our solution. 
Result so far: 316.0
Subtracting 96 from 102 leaves us with 6.
Take the next digit (4) from the dividend and append it to 6, then repeat: 64 / 16

Let's proceed to step 5:
When dividing 64 by 16, we get 4 with a remainder of 0.
Put 4 as the next digit of the answer. 
Result so far: 3164.0
Deduct 64 from 64 and we're left with 0.
Append the next digit (2) from the dividend to 0 and continue with: 2 / 16

Advancing to step 6:
16 goes into 2 0 times with a remainder of 2.
Use 0 as the next digit of our solution. 
Result so far: 31640.0
Deduct 0 from 2 and we're left with 2.
Since there are no more digits in the dividend, we add a zero to the remainder making it 20, and continue the process.

Let's proceed to step 7:
16 can be fit into 20 1 times, resulting in a remainder of 4.
The next digit of our result is 1. 
Result so far: 31640.1
The remainder is 4 after subtracting 16 from 20.
Since there are no more digits in the dividend, we add a zero to the remainder making it 40, and continue the process.

Step 8:
16 can be fit into 40 2 times, resulting in a remainder of 8.
Record the quotient 2 as the next digit in the result. 
Result so far: 31640.12
Deduct 32 from 40 and we're left with 8.
Since there are no more digits in the dividend, we add a zero to the remainder making it 80, and continue the process.

Going ahead to step 9:
When dividing 80 by 16, we get 5 with a remainder of 0.
Put 5 as the next digit of the answer. 
Result so far: 31640.125
Subtracting 80 from 80 leaves us with 0.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

Going ahead to step 10:
If we divide 0 by 16, we get 0 and a remainder of 0.
Write down 0 as next digit of the result. 
Result so far: 31640.125
Subtract 0 from 0 to get 0.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

Going ahead to step 11:
If we divide 0 by 16, we get 0 and a remainder of 0.
Record the quotient 0 as the next digit in the result. 
Result so far: 31640.125
The remainder is 0 after subtracting 0 from 0.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

The final result is 31640.125 with a remainder of 0.0.