43267 ÷ 60 
We want to figure out the number of times 43267 can be divided by 60.

On to step 1:
60 goes into 4 0 times with a remainder of 4.
Put 0 as the next digit of the answer. 
Result so far: 0.0
The remainder is 4 after subtracting 0 from 4.
Take the next digit (3) from the dividend and append it to 4, then repeat: 43 / 60

Step 2:
The number 60 fits into 43 0 times, leaving a remainder of 43.
The next digit of our result is 0. 
Result so far: 0.0
The remainder is 43 after subtracting 0 from 43.
Include the next digit (2) from the dividend after 43, then repeat: 432 / 60

Advancing to step 3:
The number 60 fits into 432 7 times, leaving a remainder of 12.
Write down 7 as next digit of the result. 
Result so far: 7.0
Deduct 420 from 432 and we're left with 12.
Fetch the next digit (6) from the dividend, attach it to 12 and continue: 126 / 60

Moving on to step 4:
60 can be fit into 126 2 times, resulting in a remainder of 6.
Write down 2 as next digit of the result. 
Result so far: 72.0
Deduct 120 from 126 and we're left with 6.
Append the next digit (7) from the dividend to 6 and continue with: 67 / 60

Let's proceed to step 5:
When dividing 67 by 60, we get 1 with a remainder of 7.
Record the quotient 1 as the next digit in the result. 
Result so far: 721.0
If we subtract 60 from 67, we get 7.
Since there are no more digits in the dividend, we add a zero to the remainder making it 70, and continue the process.

Let's proceed to step 6:
60 goes into 70 1 times with a remainder of 10.
Put 1 as the next digit of the answer. 
Result so far: 721.1
Deduct 60 from 70 and we're left with 10.
Since there are no more digits in the dividend, we add a zero to the remainder making it 100, and continue the process.

Advancing to step 7:
60 goes into 100 1 times with a remainder of 40.
Write down 1 as next digit of the result. 
Result so far: 721.11
If we take 60 away from 100, we end up with 40.
Since there are no more digits in the dividend, we add a zero to the remainder making it 400, and continue the process.

Our division results in 721.11 with a remaining 0.04.