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Verified Answer :

TSO

\(\frac{1}{4} \times 16 = \\\\ \frac{16}{4}=\\\\\frac{4\times 4}{4} = \\\\\frac{4}{1} =\\\\\boxed{\bf{4}}\)

There are 4 red billings/billions. (Not sure what the correct word is since you use two different words.)

Solutions 

1) Simplify

16 / 4

2) Simplify

4

James has 4 
red billions