Here may be a more complete answer to your question:

Code:
PotValue  VAR BYTE
Degrees   VAR WORD
Minutes   VAR WORD


Degrees = Potvalue * 14118    ' Convert to degrees and fractional Degrees
			      ' scaled by 10000.
	' It does not matter that we assign Degrees a value before DIV32,
	' since DIV32 uses only internal PBP variable in the calculation
	' It is important that DIV32 follows right after the Multiply
			      ' 
Degrees = DIV32 10000         ' Returns degrees
Minutes = R2                  ' Returns the remainder of the division,
			      ' which is fractional degress scaled by 10000
Minutes = (Minutes * 6)/1000  ' returns minutes
Here are a couple of nice threads by Darrel Taylor dealing with exploiting PBP's integer math:

Retrieving 32bit Multiply Result
Retrieving Div32 Remainder (This one explains "Minutes = R2". See the last post in the thread)
32-bit Variables and DIV32, Hourmeter 99999.9

Steve