Caramel Coffee Ring

Directions

1. 1
   Heat oven to 375°.
2. 2
   In small saucepan, melt margarine.
3. 3
   Coat bottom and sides of an ungreased Bundt pan with 2 tablespoons melted margarine.
4. 4
   Sprinkle 3 tablespoons nuts in pan.
5. 5
   Add brown sugar and water to remaining margarine and heat to boil.
6. 6
   Remove from heat.
7. 7
   Separate biscuit dough.
8. 8
   Shape into balls.
9. 9
   Place half of dough in bottom of pan and pour half of sauce over balls. Repeat biscuits and sauce.
10. 10
    Bake at 375° for 20 minutes.
11. 11
    Invert immediately onto plate.