It is 316 cents. A decimal number is simply a way of representing a number in such a way that the place value of each digit is ten times that of the digit to its right. A decimal representation does not require a decimal point nor does it require a number in mixed units to be presented in terms of the larger unit (dollar) rather than the smaller one (cent).
59/16 as a decimal is 5.5625
It is 0.16
Divide 9 by 16 and write the answer.