Answer
$\dfrac{2}{3}$
Work Step by Step
Cancelling the common factor between the numerator and the denominator, the given expression, $
\dfrac{16}{24}
,$ simplifies to
\begin{array}{l}\require{cancel}
\dfrac{\cancel{8}\cdot2}{\cancel{8}\cdot3}
\\\\=
\dfrac{2}{3}
\end{array}