We're dividing 70979292 by 940 
We want to figure out the number of times 70979292 can be divided by 940.

Let's proceed to step 1:
When dividing 7 by 940, we get 0 with a remainder of 7.
Write down 0 as next digit of the result. 
Result so far: 0.0
The remainder is 7 after subtracting 0 from 7.
Take the next digit (0) from the dividend and append it to 7, then repeat: 70 / 940

Let's proceed to step 2:
70 divided by 940 is 0 with a remainder of 70.
The number 0 becomes the next digit in our result. 
Result so far: 0.0
If we take 0 away from 70, we end up with 70.
Append the next digit (9) from the dividend to 70 and continue with: 709 / 940

On to step 3:
940 can be fit into 709 0 times, resulting in a remainder of 709.
The number 0 becomes the next digit in our result. 
Result so far: 0.0
If we subtract 0 from 709, we get 709.
Grab the next digit (7) from the dividend, add it to 709, then carry on: 7097 / 940

On to step 4:
7097 divided by 940 is 7 with a remainder of 517.
Put 7 as the next digit of the answer. 
Result so far: 7.0
If we take 6580 away from 7097, we end up with 517.
Fetch the next digit (9) from the dividend, attach it to 517 and continue: 5179 / 940

Advancing to step 5:
5179 divided by 940 is 5 with a remainder of 479.
Write down 5 as next digit of the result. 
Result so far: 75.0
The remainder is 479 after subtracting 4700 from 5179.
Append the next digit (2) from the dividend to 479 and continue with: 4792 / 940

On to step 6:
When dividing 4792 by 940, we get 5 with a remainder of 92.
Write down 5 as next digit of the result. 
Result so far: 755.0
Subtracting 4700 from 4792 leaves us with 92.
Append the next digit (9) from the dividend to 92 and continue with: 929 / 940

Moving on to step 7:
The number 940 fits into 929 0 times, leaving a remainder of 929.
The next digit of our result is 0. 
Result so far: 7550.0
The remainder is 929 after subtracting 0 from 929.
Include the next digit (2) from the dividend after 929, then repeat: 9292 / 940

Step 8:
940 goes into 9292 9 times with a remainder of 832.
The number 9 becomes the next digit in our result. 
Result so far: 75509.0
The remainder is 832 after subtracting 8460 from 9292.
Since there are no more digits in the dividend, we add a zero to the remainder making it 8320, and continue the process.

Let's proceed to step 9:
8320 divided by 940 is 8 with a remainder of 800.
The number 8 becomes the next digit in our result. 
Result so far: 75509.8
If we subtract 7520 from 8320, we get 800.
Since there are no more digits in the dividend, we add a zero to the remainder making it 8000, and continue the process.

Step 10:
940 goes into 8000 8 times with a remainder of 480.
The number 8 becomes the next digit in our result. 
Result so far: 75509.88
The remainder is 480 after subtracting 7520 from 8000.
Since there are no more digits in the dividend, we add a zero to the remainder making it 4800, and continue the process.

In conclusion, the division gives 75509.88 with a balance of 0.48.