We look at the division of 40988024 by 265 
Our goal is to divide 40988024 by 265.

Advancing to step 1:
4 divided by 265 is 0 with a remainder of 4.
Use 0 as the next digit of our solution. 
Result so far: 0.0
Subtracting 0 from 4 leaves us with 4.
Bring next digit (0) of the dividend behind the 4 and repeat the process: 40 / 265

Going ahead to step 2:
When dividing 40 by 265, we get 0 with a remainder of 40.
The number 0 becomes the next digit in our result. 
Result so far: 0.0
If we subtract 0 from 40, we get 40.
Bring next digit (9) of the dividend behind the 40 and repeat the process: 409 / 265

Moving on to step 3:
The number 265 fits into 409 1 times, leaving a remainder of 144.
Write down 1 as next digit of the result. 
Result so far: 1.0
Deduct 265 from 409 and we're left with 144.
Grab the next digit (8) from the dividend, add it to 144, then carry on: 1448 / 265

Step 4:
1448 divided by 265 is 5 with a remainder of 123.
The number 5 becomes the next digit in our result. 
Result so far: 15.0
Subtract 1325 from 1448 to get 123.
Bring next digit (8) of the dividend behind the 123 and repeat the process: 1238 / 265

Advancing to step 5:
The number 265 fits into 1238 4 times, leaving a remainder of 178.
The next digit of our result is 4. 
Result so far: 154.0
Deduct 1060 from 1238 and we're left with 178.
Take the next digit (0) from the dividend and append it to 178, then repeat: 1780 / 265

Let's proceed to step 6:
If we divide 1780 by 265, we get 6 and a remainder of 190.
Record the quotient 6 as the next digit in the result. 
Result so far: 1546.0
Deduct 1590 from 1780 and we're left with 190.
Append the next digit (2) from the dividend to 190 and continue with: 1902 / 265

Moving on to step 7:
1902 divided by 265 is 7 with a remainder of 47.
Put 7 as the next digit of the answer. 
Result so far: 15467.0
The remainder is 47 after subtracting 1855 from 1902.
Take the next digit (4) from the dividend and append it to 47, then repeat: 474 / 265

Step 8:
265 can be fit into 474 1 times, resulting in a remainder of 209.
The number 1 becomes the next digit in our result. 
Result so far: 154671.0
If we take 265 away from 474, we end up with 209.
Since there are no more digits in the dividend, we add a zero to the remainder making it 2090, and continue the process.

Advancing to step 9:
265 can be fit into 2090 7 times, resulting in a remainder of 235.
The number 7 becomes the next digit in our result. 
Result so far: 154671.7
Subtract 1855 from 2090 to get 235.
Since there are no more digits in the dividend, we add a zero to the remainder making it 2350, and continue the process.

Let's proceed to step 10:
265 can be fit into 2350 8 times, resulting in a remainder of 230.
Use 8 as the next digit of our solution. 
Result so far: 154671.78
Subtract 2120 from 2350 to get 230.
Since there are no more digits in the dividend, we add a zero to the remainder making it 2300, and continue the process.

Step 11:
265 goes into 2300 8 times with a remainder of 180.
Write down 8 as next digit of the result. 
Result so far: 154671.788
Deduct 2120 from 2300 and we're left with 180.
Since there are no more digits in the dividend, we add a zero to the remainder making it 1800, and continue the process.

In conclusion, the division gives 154671.788 with a balance of 0.018.