We're dividing 267260 by 8 
We want to figure out the number of times 267260 can be divided by 8.

Advancing to step 1:
If we divide 2 by 8, we get 0 and a remainder of 2.
The next digit of our result is 0. 
Result so far: 0.0
Deduct 0 from 2 and we're left with 2.
Append the next digit (6) from the dividend to 2 and continue with: 26 / 8

Let's proceed to step 2:
26 divided by 8 is 3 with a remainder of 2.
The next digit of our result is 3. 
Result so far: 3.0
If we subtract 24 from 26, we get 2.
Take the next digit (7) from the dividend and append it to 2, then repeat: 27 / 8

Going ahead to step 3:
8 goes into 27 3 times with a remainder of 3.
Put 3 as the next digit of the answer. 
Result so far: 33.0
Subtract 24 from 27 to get 3.
Fetch the next digit (2) from the dividend, attach it to 3 and continue: 32 / 8

Going ahead to step 4:
8 can be fit into 32 4 times, resulting in a remainder of 0.
The next digit of our result is 4. 
Result so far: 334.0
Deduct 32 from 32 and we're left with 0.
Include the next digit (6) from the dividend after 0, then repeat: 6 / 8

Moving on to step 5:
8 can be fit into 6 0 times, resulting in a remainder of 6.
Use 0 as the next digit of our solution. 
Result so far: 3340.0
Deduct 0 from 6 and we're left with 6.
Take the next digit (0) from the dividend and append it to 6, then repeat: 60 / 8

Moving on to step 6:
The number 8 fits into 60 7 times, leaving a remainder of 4.
Use 7 as the next digit of our solution. 
Result so far: 33407.0
Subtract 56 from 60 to get 4.
Since there are no more digits in the dividend, we add a zero to the remainder making it 40, and continue the process.

Advancing to step 7:
8 can be fit into 40 5 times, resulting in a remainder of 0.
The number 5 becomes the next digit in our result. 
Result so far: 33407.5
If we subtract 40 from 40, we 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.

On to step 8:
If we divide 0 by 8, we get 0 and a remainder of 0.
The number 0 becomes the next digit in our result. 
Result so far: 33407.5
Subtracting 0 from 0 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.

On to step 9:
8 can be fit into 0 0 times, resulting in a remainder of 0.
Put 0 as the next digit of the answer. 
Result so far: 33407.5
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 quotient of the division is 33407.5, and the remainder is 0.0.