987467 ÷ 4 
We want to figure out the number of times 987467 can be divided by 4.

Step 1:
When dividing 9 by 4, we get 2 with a remainder of 1.
Put 2 as the next digit of the answer. 
Result so far: 2.0
Deduct 8 from 9 and we're left with 1.
Grab the next digit (8) from the dividend, add it to 1, then carry on: 18 / 4

Going ahead to step 2:
4 can be fit into 18 4 times, resulting in a remainder of 2.
The number 4 becomes the next digit in our result. 
Result so far: 24.0
Subtract 16 from 18 to get 2.
Include the next digit (7) from the dividend after 2, then repeat: 27 / 4

Moving on to step 3:
4 can be fit into 27 6 times, resulting in a remainder of 3.
Use 6 as the next digit of our solution. 
Result so far: 246.0
Subtracting 24 from 27 leaves us with 3.
Include the next digit (4) from the dividend after 3, then repeat: 34 / 4

Advancing to step 4:
The number 4 fits into 34 8 times, leaving a remainder of 2.
Use 8 as the next digit of our solution. 
Result so far: 2468.0
The remainder is 2 after subtracting 32 from 34.
Append the next digit (6) from the dividend to 2 and continue with: 26 / 4

Let's proceed to step 5:
If we divide 26 by 4, we get 6 and a remainder of 2.
Put 6 as the next digit of the answer. 
Result so far: 24686.0
Subtract 24 from 26 to get 2.
Bring next digit (7) of the dividend behind the 2 and repeat the process: 27 / 4

Advancing to step 6:
If we divide 27 by 4, we get 6 and a remainder of 3.
Write down 6 as next digit of the result. 
Result so far: 246866.0
If we take 24 away from 27, we end up with 3.
Since there are no more digits in the dividend, we add a zero to the remainder making it 30, and continue the process.

Let's proceed to step 7:
The number 4 fits into 30 7 times, leaving a remainder of 2.
Record the quotient 7 as the next digit in the result. 
Result so far: 246866.7
The remainder is 2 after subtracting 28 from 30.
Since there are no more digits in the dividend, we add a zero to the remainder making it 20, and continue the process.

Moving on to step 8:
20 divided by 4 is 5 with a remainder of 0.
Put 5 as the next digit of the answer. 
Result so far: 246866.75
If we subtract 20 from 20, 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 9:
If we divide 0 by 4, we get 0 and a remainder of 0.
The next digit of our result is 0. 
Result so far: 246866.75
If we subtract 0 from 0, 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.

Advancing to step 10:
4 can be fit into 0 0 times, resulting in a remainder of 0.
The next digit of our result is 0. 
Result so far: 246866.75
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.

The final outcome is 246866.75, with a leftover of 0.0.