Preheat oven to 350 degrees F. Melt butter in 12 inch nonstick ovenproof skillet over low heat. Remove from heat; stir in sugar. Arrange pineapple slices over sugar mixture. Place cherry half, rounded side down, in center of each slice; sprinkle with nuts.
Add enough water to reserved pineapple juice to measure 1 1/3 cups; pour into large mixing bowl. Add cake mix, eggs and oil; beat at medium speed of electric mixer until well blended. Pour over fruit in skillet.
Bake 35-40 minutes or until wooden pick inserted in center comes out clean. Remove from oven; cool 5 minutes. Carefully loosen edge of cake with knife; invert onto serving plate. Cool slightly. Decorate by piping whipped topping around edge of cake, if desired.
By Robin from Washington, IA
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