We look at the division of 121468 by 24 
We want to figure out the number of times 121468 can be divided by 24.

Step 1:
When dividing 1 by 24, we get 0 with a remainder of 1.
The number 0 becomes the next digit in our 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 / 24

Step 2:
24 goes into 12 0 times with a remainder of 12.
Use 0 as the next digit of our solution. 
Result so far: 0.0
Subtract 0 from 12 to get 12.
Fetch the next digit (1) from the dividend, attach it to 12 and continue: 121 / 24

Step 3:
When dividing 121 by 24, we get 5 with a remainder of 1.
The number 5 becomes the next digit in our result. 
Result so far: 5.0
If we subtract 120 from 121, we get 1.
Fetch the next digit (4) from the dividend, attach it to 1 and continue: 14 / 24

Step 4:
When dividing 14 by 24, we get 0 with a remainder of 14.
Use 0 as the next digit of our solution. 
Result so far: 50.0
Deduct 0 from 14 and we're left with 14.
Take the next digit (6) from the dividend and append it to 14, then repeat: 146 / 24

Advancing to step 5:
24 goes into 146 6 times with a remainder of 2.
Put 6 as the next digit of the answer. 
Result so far: 506.0
The remainder is 2 after subtracting 144 from 146.
Take the next digit (8) from the dividend and append it to 2, then repeat: 28 / 24

Moving on to step 6:
The number 24 fits into 28 1 times, leaving a remainder of 4.
The number 1 becomes the next digit in our result. 
Result so far: 5061.0
Subtracting 24 from 28 leaves us with 4.
Since there are no more digits in the dividend, we add a zero to the remainder making it 40, and continue the process.

Let's proceed to step 7:
When dividing 40 by 24, we get 1 with a remainder of 16.
Write down 1 as next digit of the result. 
Result so far: 5061.1
If we subtract 24 from 40, we get 16.
Since there are no more digits in the dividend, we add a zero to the remainder making it 160, and continue the process.

Step 8:
If we divide 160 by 24, we get 6 and a remainder of 16.
The next digit of our result is 6. 
Result so far: 5061.16
If we take 144 away from 160, we end up with 16.
Since there are no more digits in the dividend, we add a zero to the remainder making it 160, and continue the process.

Let's proceed to step 9:
24 can be fit into 160 6 times, resulting in a remainder of 16.
Put 6 as the next digit of the answer. 
Result so far: 5061.166
If we subtract 144 from 160, we get 16.
Since there are no more digits in the dividend, we add a zero to the remainder making it 160, and continue the process.

The quotient of the division is 5061.166, and the remainder is 0.0016.