We're dividing 940730 by 16 
Let's see how many times 16 fits into 940730.

Going ahead to step 1:
When dividing 9 by 16, we get 0 with a remainder of 9.
Record the quotient 0 as the next digit in the result. 
Result so far: 0.0
If we take 0 away from 9, we end up with 9.
Grab the next digit (4) from the dividend, add it to 9, then carry on: 94 / 16

Moving on to step 2:
16 can be fit into 94 5 times, resulting in a remainder of 14.
The next digit of our result is 5. 
Result so far: 5.0
The remainder is 14 after subtracting 80 from 94.
Bring next digit (0) of the dividend behind the 14 and repeat the process: 140 / 16

Advancing to step 3:
16 goes into 140 8 times with a remainder of 12.
Record the quotient 8 as the next digit in the result. 
Result so far: 58.0
Subtracting 128 from 140 leaves us with 12.
Fetch the next digit (7) from the dividend, attach it to 12 and continue: 127 / 16

On to step 4:
When dividing 127 by 16, we get 7 with a remainder of 15.
Put 7 as the next digit of the answer. 
Result so far: 587.0
Subtract 112 from 127 to get 15.
Fetch the next digit (3) from the dividend, attach it to 15 and continue: 153 / 16

Going ahead to step 5:
The number 16 fits into 153 9 times, leaving a remainder of 9.
Write down 9 as next digit of the result. 
Result so far: 5879.0
If we take 144 away from 153, we end up with 9.
Include the next digit (0) from the dividend after 9, then repeat: 90 / 16

Step 6:
If we divide 90 by 16, we get 5 and a remainder of 10.
Use 5 as the next digit of our solution. 
Result so far: 58795.0
Subtract 80 from 90 to get 10.
Since there are no more digits in the dividend, we add a zero to the remainder making it 100, and continue the process.

On to step 7:
16 goes into 100 6 times with a remainder of 4.
Put 6 as the next digit of the answer. 
Result so far: 58795.6
The remainder is 4 after subtracting 96 from 100.
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 8:
When dividing 40 by 16, we get 2 with a remainder of 8.
Record the quotient 2 as the next digit in the result. 
Result so far: 58795.62
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.

Moving on to step 9:
16 goes into 80 5 times with a remainder of 0.
Use 5 as the next digit of our solution. 
Result so far: 58795.625
If we take 80 away from 80, 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.

Going ahead to step 10:
When dividing 0 by 16, we get 0 with a remainder of 0.
Record the quotient 0 as the next digit in the result. 
Result so far: 58795.625
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.

On to step 11:
16 can be fit into 0 0 times, resulting in a remainder of 0.
Use 0 as the next digit of our solution. 
Result so far: 58795.625
Subtract 0 from 0 to 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.

In conclusion, the division gives 58795.625 with a balance of 0.0.