We're dividing 40965362 by 694 
Let's see how many times 694 fits into 40965362.

Advancing to step 1:
If we divide 4 by 694, we get 0 and a remainder of 4.
The next digit of our result is 0. 
Result so far: 0.0
Deduct 0 from 4 and we're left with 4.
Append the next digit (0) from the dividend to 4 and continue with: 40 / 694

On to step 2:
694 goes into 40 0 times with a remainder of 40.
Use 0 as the next digit of our solution. 
Result so far: 0.0
If we subtract 0 from 40, we get 40.
Append the next digit (9) from the dividend to 40 and continue with: 409 / 694

Moving on to step 3:
If we divide 409 by 694, we get 0 and a remainder of 409.
Write down 0 as next digit of the result. 
Result so far: 0.0
If we take 0 away from 409, we end up with 409.
Append the next digit (6) from the dividend to 409 and continue with: 4096 / 694

Moving on to step 4:
4096 divided by 694 is 5 with a remainder of 626.
Put 5 as the next digit of the answer. 
Result so far: 5.0
The remainder is 626 after subtracting 3470 from 4096.
Include the next digit (5) from the dividend after 626, then repeat: 6265 / 694

Let's proceed to step 5:
The number 694 fits into 6265 9 times, leaving a remainder of 19.
The number 9 becomes the next digit in our result. 
Result so far: 59.0
Subtract 6246 from 6265 to get 19.
Fetch the next digit (3) from the dividend, attach it to 19 and continue: 193 / 694

Advancing to step 6:
The number 694 fits into 193 0 times, leaving a remainder of 193.
The next digit of our result is 0. 
Result so far: 590.0
If we subtract 0 from 193, we get 193.
Append the next digit (6) from the dividend to 193 and continue with: 1936 / 694

Moving on to step 7:
694 goes into 1936 2 times with a remainder of 548.
Record the quotient 2 as the next digit in the result. 
Result so far: 5902.0
Deduct 1388 from 1936 and we're left with 548.
Grab the next digit (2) from the dividend, add it to 548, then carry on: 5482 / 694

On to step 8:
5482 divided by 694 is 7 with a remainder of 624.
Write down 7 as next digit of the result. 
Result so far: 59027.0
Subtract 4858 from 5482 to get 624.
Since there are no more digits in the dividend, we add a zero to the remainder making it 6240, and continue the process.

Advancing to step 9:
6240 divided by 694 is 8 with a remainder of 688.
Use 8 as the next digit of our solution. 
Result so far: 59027.8
If we take 5552 away from 6240, we end up with 688.
Since there are no more digits in the dividend, we add a zero to the remainder making it 6880, and continue the process.

Going ahead to step 10:
If we divide 6880 by 694, we get 9 and a remainder of 634.
Put 9 as the next digit of the answer. 
Result so far: 59027.89
If we take 6246 away from 6880, we end up with 634.
Since there are no more digits in the dividend, we add a zero to the remainder making it 6340, and continue the process.

Going ahead to step 11:
694 goes into 6340 9 times with a remainder of 94.
Write down 9 as next digit of the result. 
Result so far: 59027.899
The remainder is 94 after subtracting 6246 from 6340.
Since there are no more digits in the dividend, we add a zero to the remainder making it 940, and continue the process.

In conclusion, the division gives 59027.899 with a balance of 0.0094.