1. The problem asks to divide 50 by half and then add 23 to the result. 2. Dividing by half means dividing by $\frac{1}{2}$, which is the same as multiplying by 2. So, $$50 \div \frac{1}{2} = 50 \times 2 = 100.$$ 3. Now add 23 to the result: $$100 + 23 = 123.$$ 4. Therefore, the final value is 123.