Perform the Indicated Operations Involving Rational Numbers $\frac { - 16 } { 8 } \div \frac { 64 } { 24 }$

Multiple Choice

Perform the indicated operations involving rational numbers. Express final answer in reduced form. $\frac { - 16 } { 8 } \div \frac { 64 } { 24 }$

A) $- \frac { 1 } { 2 }$
B) $- \frac { 4 } { 3 }$
C) $- \frac { 3 } { 4 }$
D) $- \frac { 3 } { 8 }$
E) $- \frac { 1 } { 8 }$