Quick Caramel Ring - cooking recipe

Ingredients

1/2 c. margarine
1/2 c. chopped nuts
1 c. firmly packed brown sugar
2 Tbsp. water
2 (10 oz.) cans refrigerated biscuits

Preparation

Heat oven to 375\u00b0.
In a small saucepan, melt margarine.
Coat bottom and side of an ungreased 12-cup fluted tube pan with 2 tablespoons of melted margarine.
Sprinkle 3 tablespoons of nuts over bottom of pan.
Add remaining nuts, brown sugar and water to remaining margarine.
Heat to boiling, stirring occasionally.