We look at the division of 160340 by 24 
We want to figure out the number of times 160340 can be divided by 24.

On to step 1:
If we divide 1 by 24, we get 0 and a remainder of 1.
Record the quotient 0 as the next digit in the result. 
Result so far: 0.0
Subtracting 0 from 1 leaves us with 1.
Take the next digit (6) from the dividend and append it to 1, then repeat: 16 / 24

Advancing to step 2:
If we divide 16 by 24, we get 0 and a remainder of 16.
Put 0 as the next digit of the answer. 
Result so far: 0.0
Deduct 0 from 16 and we're left with 16.
Fetch the next digit (0) from the dividend, attach it to 16 and continue: 160 / 24

Advancing to step 3:
24 can be fit into 160 6 times, resulting in a remainder of 16.
Put 6 as the next digit of the answer. 
Result so far: 6.0
The remainder is 16 after subtracting 144 from 160.
Grab the next digit (3) from the dividend, add it to 16, then carry on: 163 / 24

On to step 4:
The number 24 fits into 163 6 times, leaving a remainder of 19.
Record the quotient 6 as the next digit in the result. 
Result so far: 66.0
The remainder is 19 after subtracting 144 from 163.
Append the next digit (4) from the dividend to 19 and continue with: 194 / 24

Step 5:
24 can be fit into 194 8 times, resulting in a remainder of 2.
Record the quotient 8 as the next digit in the result. 
Result so far: 668.0
Subtract 192 from 194 to get 2.
Take the next digit (0) from the dividend and append it to 2, then repeat: 20 / 24

Step 6:
When dividing 20 by 24, we get 0 with a remainder of 20.
The number 0 becomes the next digit in our result. 
Result so far: 6680.0
Deduct 0 from 20 and we're left with 20.
Since there are no more digits in the dividend, we add a zero to the remainder making it 200, and continue the process.

Moving on to step 7:
If we divide 200 by 24, we get 8 and a remainder of 8.
Record the quotient 8 as the next digit in the result. 
Result so far: 6680.8
Subtracting 192 from 200 leaves us 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 8:
24 goes into 80 3 times with a remainder of 8.
Record the quotient 3 as the next digit in the result. 
Result so far: 6680.83
Subtract 72 from 80 to get 8.
Since there are no more digits in the dividend, we add a zero to the remainder making it 80, and continue the process.

On to step 9:
The number 24 fits into 80 3 times, leaving a remainder of 8.
Record the quotient 3 as the next digit in the result. 
Result so far: 6680.833
The remainder is 8 after subtracting 72 from 80.
Since there are no more digits in the dividend, we add a zero to the remainder making it 80, and continue the process.

The final outcome is 6680.833, with a leftover of 0.0008.