When measuring a bank's profitability the return on average assets (ROAA) is

Question 4 options:

the net income generated during the period under review divided by the total assets at the beginning of the period considered.

the net income generated during the period under review divided by the average total assets over the period considered.

the net income generated during the period under review divided by the total assets at the end of the period considered.

the average net income generated during the period under review divided by the total assets at the end of the period considered.