1. The problem asks to find the quotient when 16 is divided by 1243. 2. We set up the division: $$\frac{16}{1243}$$. 3. Since 16 is less than 1243, the quotient will be less than 1. 4. Performing the division: $$16 \div 1243 \approx 0.012875$$. 5. This is the quotient of the division. Final answer: $$\boxed{0.012875}$$