yes
so 2*2=4
2 in binary 0010
4 in binary 0100
so whenever we multiply a number by 2 we just have to perform left shift operation
7*2 = 0111 + left shift = 1110= 14
Similar logic applies for division by 2 we just have to perform right shift
eg: 8/2=4 now 8=1000 in binary 4= 0100 in binary
bonus: 7/2
7=0111 now right shift 0011.1=3.5
so if your LSB has 1 and you have to perform right shift just move that 1 after decimal position
similarly 5/2= 0101 +right shift =0010.1=2.5