The remainder must be less than the divisor, otherwise you are not doing the division correctly.
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Yes because there is no legit remainder. If you do 4 divided by 2 you get 2 with a 0 remainder or no remainder.
94.4
76.1111
60.1296
Each person will get $33.33. The other way is to cut a $100 bill into thirds. Of course, none are legal tender unless you have more than half, or reasonable proof that the remainder was destroyed.