1. State the problem: We need to divide 16 by 1243 and find the solution. 2. Perform the division: Calculate $\frac{16}{1243}$. 3. Simplify or approximate the result: $\frac{16}{1243} \approx 0.01287$ (rounded to 5 decimal places). 4. Conclusion: The solution to $16 \div 1243$ is approximately $0.01287$.