An analogy I've heard is that if it's possible for (in your example) yeast to evolve into a cat given enough time, then it should also be possible for a room full of monkeys randomly mashing on keys to collectively type a perfect replica of War and Peace (or insert other long book here).
Put another way, imagine there's a computer with a random number generator spitting out letters (1-52 (a-z,A-Z, ignoring punct) in perfect randomness. How long would it take the computer to create 'War and Peace'? I think, while it would be a physical possibility for the Monkey's to create such a book, it would never happen no matter how much time passed because given the parameters of randomness, it would effectively be impossible to form something so linear and guided. And compared to an organism, 'war and peace' wouldn't even account to a single cell's worth of DNA which is insanely complex with so many parts that must exist simultaneously with others for the cell to survive.
Edit: I fully understand the "X Billions of years and at least many chances per second for life for a yeast cell to evolve into a chicken", but i'm of the belief you cannot get high order out of chaos. There are patterns and there are many possibilities but it's never been proven that they happen other than the assumption that "God doesn't exist/made things through evolution and we know they exist and can't prove God exists, therefore we know/believe that such an insanely ordered thing must have formed out of chaos".