We divide 470493 by 53
We want to figure out the number of times 470493 can be divided by 53.

Step 1:
53 goes into 4 0 times with a remainder of 4.
Use 0 as the next digit of our solution. 
Result so far: 0.0
The remainder is 4 after subtracting 0 from 4.
Append the next digit (7) from the dividend to 4 and continue with: 47 / 53

Advancing to step 2:
When dividing 47 by 53, we get 0 with a remainder of 47.
The next digit of our result is 0. 
Result so far: 0.0
The remainder is 47 after subtracting 0 from 47.
Take the next digit (0) from the dividend and append it to 47, then repeat: 470 / 53

Going ahead to step 3:
If we divide 470 by 53, we get 8 and a remainder of 46.
Put 8 as the next digit of the answer. 
Result so far: 8.0
The remainder is 46 after subtracting 424 from 470.
Take the next digit (4) from the dividend and append it to 46, then repeat: 464 / 53

Going ahead to step 4:
When dividing 464 by 53, we get 8 with a remainder of 40.
The next digit of our result is 8. 
Result so far: 88.0
Subtracting 424 from 464 leaves us with 40.
Fetch the next digit (9) from the dividend, attach it to 40 and continue: 409 / 53

Step 5:
If we divide 409 by 53, we get 7 and a remainder of 38.
The next digit of our result is 7. 
Result so far: 887.0
Subtract 371 from 409 to get 38.
Bring next digit (3) of the dividend behind the 38 and repeat the process: 383 / 53

On to step 6:
The number 53 fits into 383 7 times, leaving a remainder of 12.
Write down 7 as next digit of the result. 
Result so far: 8877.0
If we take 371 away from 383, we end up with 12.
Since there are no more digits in the dividend, we add a zero to the remainder making it 120, and continue the process.

Let's proceed to step 7:
The number 53 fits into 120 2 times, leaving a remainder of 14.
The next digit of our result is 2. 
Result so far: 8877.2
If we subtract 106 from 120, we get 14.
Since there are no more digits in the dividend, we add a zero to the remainder making it 140, and continue the process.

Going ahead to step 8:
140 divided by 53 is 2 with a remainder of 34.
Record the quotient 2 as the next digit in the result. 
Result so far: 8877.22
Subtract 106 from 140 to get 34.
Since there are no more digits in the dividend, we add a zero to the remainder making it 340, and continue the process.

The final outcome is 8877.22, with a leftover of 0.034.