Caramel Biscuit Ring
["1/3 c. brown sugar", "3 Tbsp. butter or margarine", "1 Tbsp. water", "1/3 c. chopped nuts", "1 (8 oz.) can biscuits"]
["In an 8 or 9-inch round microwave-safe baking dish, combine brown sugar, butter and water.", "Cook in microwave uncovered for 1 minute, stirring after butter melts.", "Stir in nuts.", "Separate can of biscuits.", "Arrange in ring around edge of dish, turning to coat with caramel mixture.", "Cook uncovered 2 1/2 to 3 minutes or until biscuits are firm and no longer doughy, rotating once.", "Invert onto serving plate.", "Serve warm."]
["brown sugar", "butter", "water", "nuts", "biscuits"]