Yes, except that division of regular numbers can give result to more than two decimal places. This is usually not possible with money.
For example, 10/3 = 10.33...
But you cannot have 3.3333... units of currency.
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It is the same thing as dividing whole numbers in order to find a quotient.
It depends on the numbers. For example, dividing by 1 1/2 (one and a half) is exactly the same as dividing by 3/2, since both represent the same number.In general, if you divide by a larger number, the result will be less.
That's just the way it works. Same with dividing two numbers.
The mean is adding up all numbers and dividing it by the amount of numbers there is. The mode is the most common number of which it would be all numbers
By looking for common factors - factors that appear in both numbers - and dividing both numbers by the same factor.