We divide 586701 by 50
We want to figure out the number of times 586701 can be divided by 50.

Going ahead to step 1:
50 goes into 5 0 times with a remainder of 5.
Use 0 as the next digit of our solution. 
Result so far: 0.0
The remainder is 5 after subtracting 0 from 5.
Append the next digit (8) from the dividend to 5 and continue with: 58 / 50

On to step 2:
58 divided by 50 is 1 with a remainder of 8.
The next digit of our result is 1. 
Result so far: 1.0
Subtracting 50 from 58 leaves us with 8.
Take the next digit (6) from the dividend and append it to 8, then repeat: 86 / 50

Moving on to step 3:
50 goes into 86 1 times with a remainder of 36.
The next digit of our result is 1. 
Result so far: 11.0
Subtract 50 from 86 to get 36.
Include the next digit (7) from the dividend after 36, then repeat: 367 / 50

Moving on to step 4:
367 divided by 50 is 7 with a remainder of 17.
Record the quotient 7 as the next digit in the result. 
Result so far: 117.0
Subtracting 350 from 367 leaves us with 17.
Append the next digit (0) from the dividend to 17 and continue with: 170 / 50

Going ahead to step 5:
If we divide 170 by 50, we get 3 and a remainder of 20.
Put 3 as the next digit of the answer. 
Result so far: 1173.0
If we subtract 150 from 170, we get 20.
Take the next digit (1) from the dividend and append it to 20, then repeat: 201 / 50

On to step 6:
The number 50 fits into 201 4 times, leaving a remainder of 1.
Write down 4 as next digit of the result. 
Result so far: 11734.0
Deduct 200 from 201 and we're left with 1.
Since there are no more digits in the dividend, we add a zero to the remainder making it 10, and continue the process.

Step 7:
If we divide 10 by 50, we get 0 and a remainder of 10.
Write down 0 as next digit of the result. 
Result so far: 11734.0
Subtract 0 from 10 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.

Going ahead to step 8:
If we divide 100 by 50, we get 2 and a remainder of 0.
Record the quotient 2 as the next digit in the result. 
Result so far: 11734.02
Deduct 100 from 100 and we're left 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.

Advancing to step 9:
50 can be fit into 0 0 times, resulting in a remainder of 0.
Put 0 as the next digit of the answer. 
Result so far: 11734.02
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.

Let's proceed to step 10:
50 can be fit into 0 0 times, resulting in a remainder of 0.
Record the quotient 0 as the next digit in the result. 
Result so far: 11734.02
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.

The final result is 11734.02 with a remainder of 0.0.