Quotients are the results of division
Now, the place value is entirely dependent on the comparism between the divisor and the dividend
Let us use the numerator and denominator for easy understanding
If they are of the same value, in case of 0.56/0.28 for example
The place value here will be in the units
So what we are saying is that the place value is dependent on the values that we are dividing and how big of a magnitude they compare to each other