242964 ÷ 16 
We're looking to find how many times 16 goes into 242964.

Let's proceed to step 1:
16 goes into 2 0 times with a remainder of 2.
Put 0 as the next digit of the answer. 
Result so far: 0.0
Deduct 0 from 2 and we're left with 2.
Append the next digit (4) from the dividend to 2 and continue with: 24 / 16

Advancing to step 2:
16 goes into 24 1 times with a remainder of 8.
The number 1 becomes the next digit in our result. 
Result so far: 1.0
Deduct 16 from 24 and we're left with 8.
Take the next digit (2) from the dividend and append it to 8, then repeat: 82 / 16

Moving on to step 3:
When dividing 82 by 16, we get 5 with a remainder of 2.
Record the quotient 5 as the next digit in the result. 
Result so far: 15.0
If we subtract 80 from 82, we get 2.
Include the next digit (9) from the dividend after 2, then repeat: 29 / 16

Advancing to step 4:
29 divided by 16 is 1 with a remainder of 13.
The next digit of our result is 1. 
Result so far: 151.0
Deduct 16 from 29 and we're left with 13.
Grab the next digit (6) from the dividend, add it to 13, then carry on: 136 / 16

Let's proceed to step 5:
If we divide 136 by 16, we get 8 and a remainder of 8.
The number 8 becomes the next digit in our result. 
Result so far: 1518.0
If we subtract 128 from 136, we get 8.
Append the next digit (4) from the dividend to 8 and continue with: 84 / 16

Step 6:
84 divided by 16 is 5 with a remainder of 4.
Write down 5 as next digit of the result. 
Result so far: 15185.0
The remainder is 4 after subtracting 80 from 84.
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:
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: 15185.2
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.

Let's proceed to step 8:
80 divided by 16 is 5 with a remainder of 0.
The number 5 becomes the next digit in our result. 
Result so far: 15185.25
If we subtract 80 from 80, 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 9:
16 can be fit into 0 0 times, resulting in a remainder of 0.
Write down 0 as next digit of the result. 
Result so far: 15185.25
If we take 0 away from 0, we end up 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.

Moving on to step 10:
0 divided by 16 is 0 with a remainder of 0.
The number 0 becomes the next digit in our result. 
Result so far: 15185.25
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 result is 15185.25 with a remainder of 0.0.