Let's divide 120463 by 16
Let's see how many times 16 fits into 120463.

Moving on to step 1:
When dividing 1 by 16, we get 0 with a remainder of 1.
Record the quotient 0 as the next digit in the result. 
Result so far: 0.0
If we subtract 0 from 1, we get 1.
Fetch the next digit (2) from the dividend, attach it to 1 and continue: 12 / 16

Step 2:
If we divide 12 by 16, we get 0 and a remainder of 12.
Write down 0 as next digit of the result. 
Result so far: 0.0
If we take 0 away from 12, we end up with 12.
Fetch the next digit (0) from the dividend, attach it to 12 and continue: 120 / 16

Let's proceed to step 3:
16 can be fit into 120 7 times, resulting in a remainder of 8.
Use 7 as the next digit of our solution. 
Result so far: 7.0
If we subtract 112 from 120, we get 8.
Include the next digit (4) from the dividend after 8, then repeat: 84 / 16

Going ahead to step 4:
The number 16 fits into 84 5 times, leaving a remainder of 4.
The number 5 becomes the next digit in our result. 
Result so far: 75.0
Subtract 80 from 84 to get 4.
Take the next digit (6) from the dividend and append it to 4, then repeat: 46 / 16

Advancing to step 5:
When dividing 46 by 16, we get 2 with a remainder of 14.
The next digit of our result is 2. 
Result so far: 752.0
The remainder is 14 after subtracting 32 from 46.
Append the next digit (3) from the dividend to 14 and continue with: 143 / 16

Let's proceed to step 6:
The number 16 fits into 143 8 times, leaving a remainder of 15.
The next digit of our result is 8. 
Result so far: 7528.0
If we take 128 away from 143, we end up with 15.
Since there are no more digits in the dividend, we add a zero to the remainder making it 150, and continue the process.

Let's proceed to step 7:
16 can be fit into 150 9 times, resulting in a remainder of 6.
Record the quotient 9 as the next digit in the result. 
Result so far: 7528.9
If we subtract 144 from 150, we get 6.
Since there are no more digits in the dividend, we add a zero to the remainder making it 60, and continue the process.

On to step 8:
16 goes into 60 3 times with a remainder of 12.
Use 3 as the next digit of our solution. 
Result so far: 7528.93
Subtracting 48 from 60 leaves us with 12.
Since there are no more digits in the dividend, we add a zero to the remainder making it 120, and continue the process.

Let's proceed to step 9:
If we divide 120 by 16, we get 7 and a remainder of 8.
The number 7 becomes the next digit in our result. 
Result so far: 7528.937
If we take 112 away from 120, we end up 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 10:
16 goes into 80 5 times with a remainder of 0.
The next digit of our result is 5. 
Result so far: 7528.9375
Subtract 80 from 80 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.

Step 11:
16 can be fit into 0 0 times, resulting in a remainder of 0.
The next digit of our result is 0. 
Result so far: 7528.9375
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.

On to step 12:
0 divided by 16 is 0 with a remainder of 0.
Put 0 as the next digit of the answer. 
Result so far: 7528.9375
The remainder is 0 after subtracting 0 from 0.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

After the division, we end up with 7528.9375 and a remainder of 0.0.